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Why would you want a second mortgage? One good reason is to
get extra cash. Another is to consolidate bills. Maybe you'd like a separate
monthly payment, a different due date and a different term than your current
mortgage. With our second mortgage, you can have any of these advantages. Or
all of them. And even if your credit is less than perfect, we may be able to
help. |
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HOW MUCH CAN YOU BORROW?
The maximum amount for this loan is $250, 000. There are no
minimum loan amounts*. |
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HOW LONG DOES IT TAKE TO REPAY?
With this loan, you can select from a variety of repayment
terms - from short to long - that suit your personal situation best. After you
apply, your loan officer can discuss with you the term that best fits your
needs. |
WHAT KIND OF PROPERTY CAN YOU OWN?
Any home that you own - from one to four units - is
eligible. Prefabricated homes and trailers are eligible as well, if they are
permanently installed on land that you own.
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| *Except where state laws impose minimum loan
amounts and subject to credit approval. |
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