Second Mortgage Loans vs. HELOC

Deciding between a second mortgage and HELOC may seem quite daunting at first, but, when you understand the differences between these 2 options, it becomes clearer. Discover our new post to learn more about the specifics of second mortgage loan and home equity line of credit.

What Happens if You Default on a Second Mortgage Loan?

Second mortgages can help you get out of debt and handle many financial emergencies. However, if you suddenly find yourself unable to make your monthly payments lender may take some action. In the following article you will find out what to expect if you default on a second mortgage loan.
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