A second mortgage is a home mortgage that is established in addition to your original and current mortgage. Second mortgages are typically smaller than first mortgages, and therefor they usually have lower interest rates. However, second mortgages also come with some risks. For this reason, it’s important to carefully consider whether taking out a second mortgage is the right decision for you.
Reasons for a second mortgage:
The AG Mortgage Team will give you all the information to help you decide if a second mortgage is right for you.
REQUIRED DOCUMENTS FOR YOUR MORTGAGE
Current employment status and income amount as: