Posted on: 05th Mar, 2011 05:17 pm
If I dont have enough equity in the home can I still do a 2nd mortgage and would the rate be higher than 5.oo%
hi betty01shop,
if you don't have enough equity in your property, then you won't be able to get a second mortgage.
if you don't have enough equity in your property, then you won't be able to get a second mortgage.