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August 29, 2006

Sub-Prime Second Mortgage Tips: Non Conforming Second Mortgage

Bad credit equity loans, often called a sub-prime second mortgage can help borrowers that have hit hard times get back on their feet. These loans can be easier to secure than a refinance to cash out on home equity. Even borrowers with bankruptcies and late mortgage payments can likely qualify for a loan. Using an unconventional mortgage to consolidate your debt can save you money on interest, lower your payments and raise your credit score. A fixed rate home equity loan can also eliminate the annual fee of credit

From Sub-Prime Second Mortgage Tips: Non Conforming Second Mortgage

Posted by Mel at August 29, 2006 02:11 PM