Depending on your financial situation and needs, there may be other types of loans that make more sense for you. These include second mortgage loans, which may have lower fees – but you will need to be able to make ...
You can send a QWR to ask for information regarding the servicing of your loan or to dispute errors about your loan account for first mortgages, but not for second mortgages or lines of credit. You should try to resolve ...
Even after you sign your mortgage documents, you may be able to change your mind. With most refinance mortgages, the right of rescission gives you three extra days to reconsider whether you want to use your home to guarantee repayment ...
A second mortgage or junior-lien is a loan you take out using your house as collateral while you still have another loan secured by your house. Home equity loans and home equity lines of credit (HELOCs) are common examples of ...