Contact Us Second Mortgages HELOC Credit Lines Debt Refinancing Home Equity Loans Loan Quote

Home Credit Lines Set with Second Mortgages

Home credit lines provide easy access to money for financing home improvements, business ventures, bill consolidation and construction. It is important to note that any open end home equity line of credit is not required to disclose APR affecting fees with the Federal Truth in Lending statement like traditional second mortgages. Many second mortgage lenders have pulled back their subordinate financing as the 2nd loan defaults began to mount.

So whether you are paying for home improvements or reducing your debt load, second mortgages can facilitate homeowners with cash refinancing. Borrowers can take out a credit line at any time for home remodeling or new construction.

Home equity lines are popular financing choices for homeowners who need access to money. These are especially helpful to consumers who have not been able to save cash in their savings account or retirement fund. A home equity line of credit has variable interest rates and the minimum payment each month only requires that the interest be paid. It is very common for consumers to refinance their credit line into a fixed rate 2nd mortgage once they have used the funds from the line, because they don't want spend the extra money each month with an adjustable rate equity line.

Frequently Asked Loan Questions



Preferred Loan Type

Property Type

Property Value

Credit Rating

Pay for home improvements with a 2nd mortgage


Corporate Links

Second Mortgage Banker

Loan quote

Application - Apply Now

Non Prime Second Mortgages for people with credit issues

Corporate info

Privacy policy Second Mortgage to 100%

This is not a commitment to lend. Mortgage Bankers cannot guarantee or insure home loans. All restrictions apply. All rights reserved.
Second Mortgage Banker © Copyright 2007 to 2010
1526 University Blvd. West  Jacksonville FL 32217