FIRST MORTGAGES, SECOND MORTGAGES & HOME EQUITY LOANS FOR AURORA HOMEOWNERS
Just like a regular mortgage, a second mortgage has several different options that are available to you. You have options both with how you can take the money as well as how you can repay it.A second mortgage is essentially when you borrow the equity that you have built up in your home. Most lenders will allow you the option to take out as much as 95% of the equity you have in your home in the form of a second mortgage or home equity loan.