Learn about second mortgages, including benefits, risks, and how they work. Find out if a second mortgage is right for you.

U.S. homeowners held a record $11 trillion in tappable home equity in the first quarter of 2026, according to data from mortgage data company Intercontinental Exchange (ICE). That's the amount they ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. It’s no secret – having ...

With rates averaging 7.60% and lenders scrutinizing reserves more closely, four advisors explain what clients get wrong ...

A second mortgage is a loan against a home that also has an existing first mortgage. In a home foreclosure sale, the first mortgage lender gets repaid before the second mortgage lender. Applying for a ...

Second homes may seem just like primary residences, but when it comes to financing, taxes and expenses, there are some important differences. Before you step into the second home market, you’ll want ...

Self-employed and interested in tapping into your home's equity with a second mortgage? A bank statement loan can help you bypass traditional tax return requirements, which can muddle the reality of ...

In real estate, first-lien loans (primary mortgages) let you finance a home purchase, while second-lien loans (home equity loans or HELOCs) let you tap your home’s value for cash. The holder of the ...

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. Are you thinking about purchasing ...

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. It's exciting to purchase a second ...