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  2. Should you buy a second home? - AOL

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

    Diversify your investments: Owning a second home allows for getting beyond the usual stocks, bonds and 401(k) plan. A second home can also act as a buy-and-hold investment — real estate does ...

  3. 4 ways to get equity out of your home — and what to know ...

    www.aol.com/finance/how-to-get-equity-out-of...

    A home equity loan — sometimes called a second mortgage — is a fixed-rate loan that allows you to use your home’s equity as collateral. You receive the loan money as one lump sum and pay it ...

  4. 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 ...

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

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

    By taking out a home equity loan or HELOC, you can get the cash you need to buy another home, without depleting your bank or investment account. You can keep your current home/mortgage.

  6. Cash-out refinance vs. home equity loans: Which is best in ...

    www.aol.com/finance/cash-out-refinance-vs-home...

    As a type of second mortgage, rates for home equity products can be 1% to 2% percentage points higher than first mortgages or cash-out refinances, since they're riskier for lenders.

  7. The best home loan: how to shop for and compare mortgage offers

    www.aol.com/finance/best-home-loan-shop-compare...

    Once you know the kind of mortgage and term you want, gather documents that show your income, investments, debt and more. In order for lenders to give you the most accurate quote, they’ll need your:

  8. 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. ... This option may be best for someone who has a high interest rate on a first ...

  9. Can you get a home equity loan on investment or rental ... - AOL

    www.aol.com/finance/home-equity-loan-investment...

    Using home equity gives you options in buying or upgrading investment properties that you might not otherwise be able to afford. However, securing a home equity loan on a rental property can be ...

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