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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. ... To obtain a second mortgage, you typically need to do the same things you did ...

3. Second mortgage - Wikipedia

   en.wikipedia.org/wiki/Second_mortgage

   For the same reason, existing homeowners have access to greater home equity, which can be used as a source for additional funds by opening a second mortgage. In aggregate, as the prices in the real estate market continues to rise, the demand for second mortgages and other non-traditional mortgage products tends to increase.

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

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

   Here are three types of second mortgages: Home equity loan: ... Another route is to find a lender who will do a first and second mortgage refinance at the same time. This way you can keep the ...

5. Remortgage - Wikipedia

   en.wikipedia.org/wiki/Remortgage

   A remortgage (known as refinancing in the United States) is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security. [1] The term is mainly used commercially in the United Kingdom, though what it describes is not unique to any one country.

6. Tacking (law) - Wikipedia

   en.wikipedia.org/wiki/Tacking_(law)

   Bank B subsequently lends other money to the borrower and takes a second ranking mortgage over the same property. Bank A then subsequently lends a further, second advance to the borrower, relying on its original mortgage. Bank A will always have a first priority claim against the property for the full amount of its first advance.

7. Are second mortgages about to make a comeback? Freddie Mac ...

   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.