Second Mortgages Back in the Lime-Light
By Barry Donavan

Barry Donovan published an article recently for Nationwide with his contention that second mortgages are en vogue. According to Donovan, the Fed chairman raised key interest rates many times over the last few years. Donovan continued, "The refinance boom for first mortgages may be over." More homeowners than ever locked 30 year fixed rate mortgages in 1st position under 6%. Donovan points out that the real estate market has shifted and the interest rates have begun to climb again. With the first mortgage rates going up, 2nd mortgages have become the latest trend in home equity lending.

Lock into Prime Second Mortgage Rates

Take Advantage of Interest Rate Reductions that offer fixed monthly payments.

  • Cash Back Home Equity Loans
  • 125% Second Mortgage Rates.
  • First Time Home-buyers OK
  • Low Rate Debt Consolidation
  • Self-Employed No Doc Loans

Donovan suggests that the average homeowner a 1st mortgage fixed in the mid 5's is much more inclined to take out a second mortgage for $30,000 -$50,000 cash rather than refinance the $500,000 dream loan. Barry continued, "the 2nd mortgage interest rates are higher, but when you add both payments together it is much lower than a new refinance loan.

Second Mortgage Loan Related Articles

Get good advice and tips from the equity loan experts.
Check out the latest mortgage articles from some of the top publishers online.

Home Equity Loans to 125% - Debt Solutions - Homeowners can refinance the adjustable rate debts whether they have equity earned in their house or not. Financing a 2nd Home with a Second Mortgage - Invest in real estate and take advantage of expanded guidelines that offer more cash out for 2nd home purchasing.
Comparing Second Mortgage Loans - Consider all types of 2nd liens Refinance or Second Mortgage - Find out which loan is best for your situation.
Home Equity Loans for Lower Payments - Reduce your debt load with fixed interest. 125 Home Equity Loan Benefits & Risks - No equity loans offer a hedge against depreciation.
Second Mortgage Versus CCC - Before you harm your credit with Consumer Credit Counseling consider a 2nd mortgage that may lead you to quicker debt elimination. Best Time for Home Equity Loan - Consider the market and your financial needs when choosing an equity loan.
Bankruptcy vs. Debt Consolidation Loans - Before you go to court for a bankruptcy, talk to one of the experienced loan officers at Nationwide who may be able to help you qualify for a loan that saves you money and prevents the credit debilitation of bankruptcy.

Copyright Nationwide Mortgage Loan Company 2006 ©

Preferred Loan Type
Property Type
Property Value
Credit Rating


Second Mortgage Rates

Get accurate information from a professional loan officer. No cost with no obligation.

Find out current rates for Fixed 2nd mortgages & rates for the variable home equity lines of credit.


•  Bad Credit OK
•  Stated Income Loans
•  125% Home Equity
•  Lock into a Fixed Rate
•  Lower Payments
•  Home Improvements
•  Fixed Rate 2nd Mortgage

Get a $55,000 Home Equity Loan or 2nd Mortgage for $389 a month

Lower your payments by consolidating your credit card debt into a fixed rate loan that will put more money in your pocket.

Click Here for Free Quote

- Second Mortgage Loans Refinancing for First time Home Buyers, Cash Out or Rate and Term

Click Here for More Info


Exclusive Second Mortgage Loan Programs:
125 Second Mortgage | Home Equity Line of Credit | Refinance Second Mortgage | Second Mortgage Bad Credit | Second Mortgage for Debt Consolidation | Second Mortgage Guide | State Guide Second Mortgages
Premium Home Equity Loan Products:
Fixed Rate Home Equity Loans | Home Equity Loan Refinancing | Compare Home Equity Loans | 125 Home Equity Loan | Stated Income Home Equity Loans | Discount Home Equity Loans | State Guide Home Equity | How to Refinance a Mortgage
Unique Home Mortgage Programs and 1st Mortgage Refinance Products:
125 Mortgage Piggyback | 40 Year Mortgage Refinance | Option ARM Mortgage | Bad Credit Mortgage | Interest Only Mortgage | Zero Down Home Loan | Refinance Mortgages | Sub-Prime Mortgage Refinancing | Home Loan Index
Rate Assumptions | Home Equity & Mortgage Handbooks | Apply Now | Disclosures and Terms | Home Loan | About Us | Contact Us | Testimonials | Privacy | Site Map
BD Nationwide Mortgage, 515 Encinitas Blvd. Ste 100, Encinitas, California 92024
Please be aware that this is not an advertisement for credit as defined by paragraph 226.24 of regulation Z. Nothing on this site contains an offer to make a specific home loan for any purpose with any specific terms. This is a web-site and no loans can be guaranteed as loans and rates are subject to change. Nationwide is affiliated with national lenders and a federally chartered bank located in Maryland licensed to offer home loans in all 50 states. Copyright 2001-2010 and Beyond, Nationwide Mortgage Loans - BDnationwidemortgage.com is a website and cannot make loans. All rights reserved.