Adjustable Rate Second Mortgage Loans


Get professional help with a
2nd mortgage loan

Adjustable rate 2nd mortgage loans are also known as variable rate home equity loans, because the interest rates can vary month to month and the amount borrowed revolves like a credit card. Mortgage Lenders have knick-named the HELOCS, which is short for home equity line of credit.

Usually these home equity lines are linked to a respected index like the Prime WSJ Index. Most adjustable rate second mortgage loans are equity lines of credit that only require borrowers to pay interest on the amount they actually utilize from the line of credit.

  • No Surprise Loan Fees!
  • Credit Lines Fixed to Prime
Answers from the Experts at Second Mortgage Quotes.com

Can I get a 2nd Mortgage without refinancing my first mortgage?

Is there Mortgage Insurance Required for Second Mortgage Loans?
What is the Difference between a Second Mortgage and a Home Equity Line?
How Long Does The Process Take for a Second Mortgage?
What is the Difference between a New Second Mortgage and my Existing Mortgage?

This is not an advertisement for credit as defined by paragraph 226.24 of regulation Z.
Copyright 2002 - 2006, Second Mortgage Quotes. All Rights Reserved.
Second Mortgage Quotes 1875 Century Park E, Ste G, Los Angeles, California 90067 Contact: loanmgr@second-mortgage-quotes.com