Home Equity Loans & Second Mortgages

Refinancing when you have an existing Second Mortgage or HELOC

Dec 15, 2011 by Rhonda Porter +

When you are refinancing your primary mortgage and you have an existing second mortgage or HELOC (home equity line of credit), the new...

The Difference One Dollar Makes: Conforming vs Jumbo Rates

Jul 14, 2011 by Rhonda Porter +

This morning via Twitter, Talon Title asked me what the difference in rate is between a conforming and jumbo mortgage. Currently, as...

Piggyback Combo Mortgages are Back

Jun 21, 2011 by Rhonda Porter +

I’m pleased to announce that we now have second mortgages and home equity loans available in combination with a first mortgage...

New Conforming Loan Limit Won’t Help Refi’s w/2nds…FHA May Save the Day

Mar 13, 2008 by Rhonda Porter +

Fannie Mae’s underwriting guidelines for the temporary conforming loan limits have been released and it looks like the new loan...

Second Mortgage Subordinations May Cause Huge Delays with Refi’s

Mar 11, 2008 by Rhonda Porter +

If you have a second mortgage (home equity line or fixed term), and you are not going to pay it off during a refinance; it needs to be...

Second Mortgages and “Low Down” Mortgages

Feb 28, 2008 by Rhonda Porter +

SunTrust Bank, one of the lenders we work with, is joining the ranks of other lenders who are eliminating or shelving their second...

Home Equity Loans Offer Protection from Financial Uncertainty

Jan 8, 2008 by Rhonda Porter +

While on vacation last week, I took advantage of being "unplugged" and read the Seattle Times. On the last...