Second mortgage lenders are a great way to take advantage of the equity you already have in your home. Using a second mortgage, you can borrow against the value of your home in order to pay for home improvements, college tuition, or other expenses. However, they are a bit riskier than other types of loans.

A second mortgage or home equity line of credit (HELOC) can help you accomplish a number of things. It can be used for a number of purposes, from home improvements to college tuition. It can also be a useful tool to help you pay off your credit card debt. You'll want to keep in mind though, that while these types...

When you take out a mortgage, you are borrowing against the value of your home. The lender makes you a loan, and you promise to repay that money. This gives the lender the right to take ownership of your home if you don't repay. However, it also allows you to buy a house without having to pay a large amount of cash up front....