Saturday, August 11, 2018

What Does a "Second Mortgage" Really Mean?

You’ll often hear the term “second mortgage” come up when watching a movie or TV show when a character isn’t in a great financial standing. “They had to take out a second mortgage on their house,” a gossipy character will whisper, describing how their frenemy has fallen on bad times. But second mortgages get a bad rap—though risky, they’re often a great tool to solve financial problems or even wisely get ahead.

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from https://www.apartmenttherapy.com/second-mortgage-261358
from waaaay over here —> What Does a “Second Mortgage” Really Mean?

from Sofia Consola
via What Does a "Second Mortgage" Really Mean?