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  2. What is a second mortgage, and how does it work? - AOL

    www.aol.com/finance/second-mortgage-does...

    A second mortgage is a home-secured loan taken out while the original, or first, mortgage is still being repaid. Like the first mortgage, the second mortgage uses your property as collateral.

  3. Second mortgage - Wikipedia

    en.wikipedia.org/wiki/Second_mortgage

    Second mortgages, commonly referred to as junior liens, are loans secured by a property in addition to the primary mortgage. [ 1 ] [ 2 ] Depending on the time at which the second mortgage is originated, the loan can be structured as either a standalone second mortgage or piggyback second mortgage. [ 3 ]

  4. How to refinance when you have a second mortgage - AOL

    www.aol.com/finance/refinance-second-mortgage...

    Piggyback mortgage: A piggyback mortgage helps fund a down payment on a house, allowing you to avoid paying for mortgage insurance or taking out a jumbo loan. 5 steps for refinancing your second ...

  5. Are second mortgages about to make a comeback? Freddie ... - AOL

    www.aol.com/finance/second-mortgages-comeback...

    Second mortgages, which allow homeowners to tap their home equity for loans, have fallen in popularity. Scars from the 2008 financial crisis left both lenders and borrowers cautious.

  6. Can You Get a Second Mortgage If Your Only Income Is ... - AOL

    www.aol.com/second-mortgage-only-income-social...

    Getting a second mortgage with Social Security as your only income source is possible, but there are caveats. Find out more about how to quality.

  7. From grants to low-interest loans, this state-by-state guide ...

    www.aol.com/grants-low-interest-loans-state...

    Offers down payment assistance grants and second mortgage loans to those who are going through their first mortgage loan program. A credit score of 620 or higher and must take a home buyer ...

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