Learn about Mortgages, Refinancing and Home Equity from Bank of America
2:39
bankofamerica.com
Learn about Mortgages, Refinancing and Home Equity from Bank of America
Learn the steps, benefits, and considerations of the home buying and loan process. Explore mortgage, refinance and home equity options.
Feb 9, 2022
Second Mortgage Explained
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🏠💼 Demystifying Second Mortgages: What You Need to Know! 💰✨ 🙋‍♀️🙋‍♂️ Curious about second mortgages? Let's break it down for you! A second mortgage is an additional loan secured by your home, on top of your primary mortgage. It allows you to access the equity you've built up over time. Here's what you should know: 1️⃣ Purpose: Second mortgages can be used for various purposes, such as home renovations, debt consolidation, educational expenses, or investments. It provides an additional sourc
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