Posted on: 14th Aug, 2009 08:18 am
I tried this search engine and it has no results for second mortgages in Texas. Are they non existant?
I think yoru question is linked to yoru earlier question
Please check that
Please check that
Hi broganterence,
Second mortgages are not unavailable in Texas. You can contact your present lender and apply for a second loan. While approving your second loan, the lender would check out if your property has equity or not. If there's no equity, then the lender won't consider giving you a loan. Also, your credit score and income will be taken into consideration.
This community has a large number of lenders. You can speak to them and seek a no obligation free mortgage consultation. This will let you know whether or not you would qualify for a second loan.
Second mortgages are not unavailable in Texas. You can contact your present lender and apply for a second loan. While approving your second loan, the lender would check out if your property has equity or not. If there's no equity, then the lender won't consider giving you a loan. Also, your credit score and income will be taken into consideration.
This community has a large number of lenders. You can speak to them and seek a no obligation free mortgage consultation. This will let you know whether or not you would qualify for a second loan.