enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Can you use home equity to buy a second home? - AOL

   www.aol.com/finance/home-equity-buy-second-home...

   New mortgage: “In most cases, prospective second home buyers would be better off taking a mortgage on the property they’re acquiring instead,” says McBride. By taking out a loan that uses ...

3. Are second mortgages about to make a comeback? Freddie Mac ...

   www.aol.com/finance/second-mortgages-comeback...

   Pros and cons for US Consumers. Second mortgages allow homeowners to receive an immediate cash infusion, which can be used for home improvements, debt consolidation, education expenses, or other ...

4. What are the pros and cons of home equity loans? A ... - AOL

   www.aol.com/finance/pros-cons-home-equity-loans...

   A home equity loan is a type of second mortgage that allows you to obtain a fixed amount of money by leveraging some of the equity in your home — that is, the difference between your home’s ...

5. Should you buy a second home? - AOL

   www.aol.com/finance/buy-second-home-191849101.html

   Demand for mortgages for second homes is currently the lowest it's been in several years. When considering buying a second home, it's important to consider the full financial impact: the costs of ...

6. What is a second mortgage, and how does it work? - AOL

   www.aol.com/finance/second-mortgage-does...

   A second mortgage is a home-secured loan taken out while the original, or first, mortgage is still being repaid. Like the first mortgage, the second mortgage uses your property as collateral.

7. How to buy a second home - AOL

   www.aol.com/finance/buy-second-home-180026197.html

   Second home mortgage requirements can be more strict than mortgage requirements for your first home. For example, many lenders require you to put at least 10 percent down on a second home. There ...