Tom Davis shares how second-lien lending is reshaping mortgage strategies in 2025, helping lenders tap into home equity, ...

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A second mortgage is a loan secured by real estate when there is already another loan on the property. Second mortgages are sometimes called junior liens. Your home can serve as collateral for a few ...

A second mortgage or refinancing your home mortgage could help put you in better financial shape so long as you choose the right one for your goals. A second mortgage and refinancing are two of the ...

Discovering your father took out a second mortgage for your education brings mixed emotions. It's time to explore the ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Are you in the market ...

After unprecedented events wreaked havoc on a couple's property renovation plans, they turned to a second charge mortgage. What are they and how do they work?

You can refinance a second mortgage on its own fairly easily. Refinancing first and second mortgages together requires you to meet certain requirements but it is possible. Refinancing your primary ...

A second mortgage is a loan against a home that also has an existing first mortgage. In a home foreclosure sale, the first mortgage lender gets repaid before the second mortgage lender. Applying for a ...

Refinancing a second mortgage can be done by adjusting the rate or term of the secondary home loan or combining it with your primary mortgage. Homeowners with two mortgages may consider refinancing ...

A second mortgage unlocks home equity at a low interest rate, but it also comes with a second payment and higher qualification standards Alene Laney is a contributor to Buy Side and an expert on ...