Sentences with phrase «form of a second mortgage»

And even if you do, do you know that there's not additional debt in the form of a second mortgage or secured line of credit over and above?

A debt consolidation loan can take the form of a second mortgage on your home (also called a home equity loan), a line of credit or a bank loan secured by some other asset or guaranteed by a family member or friend.

The first one being the actual mortgage loan that will finance the 80 % of the property's value thus not requiring private mortgage insurance and the other one will provide funds equivalent to 20 % of the property's value in the form of a second mortgage or home equity loan.

This program is in the form of a second mortgage and provides eligible applicants with a loan of up to 10 percent of the purchase price of the property in order to meet the down payment requirements.

Secured loans usually come in the form of second mortgages.

Smart Start offers assistance with down payment and closing costs in the form of a second mortgage, of up to 4 percent of the first mortgage.

Consolidated loans are typically in the form of second mortgages or personal loans.

A home equity loan is a form of a second mortgage against your home.

Be aware any form of second mortgage you will still be liable for.

The Washington State Housing Finance Commission's Veterans Downpayment Assistance Loan Program offers down payment assistance in the form of a second mortgage loan to Washington State veterans who have served our country.

The Florida Housing Finance Corporation's First Time Homebuyer Program offers low - interest rate mortgage loans and down payment and closing cost assistance in the form of second mortgage loans.