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		<title>Top Alabama Mortgage company</title>
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		<pubDate>Tue, 30 Mar 2010 05:45:35 +0000</pubDate>
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				<category><![CDATA[Alabama Mortgage company]]></category>

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		<description><![CDATA[Here&#8217;s the list of  Top Alabama Mortgage companyTop Alabama Mortgage company : 1. JAN VAN PETTEN &#8211; BIRMINGHAM/PELHAM AL (Rating: 4353) Homepage: alabamamtg.com REFI OR PURCHASE. All States, I am FHA/VA/USDA approved. 25+ years experience 205-682-7921. OR 908-7920. 2. ERIC TISHAW &#8211; HUNTSVILLE AL (Rating: 170) Homepage: www.netbranchsurvivalkit.com 3. SARA KIDD &#8211; RAINBOW CITY AL<br /><span class="excerpt_more"><a href="http://www.mortgagecompanycheap.com/2010/03/top-alabama-mortgage-company/">[continue reading...]</a></span>]]></description>
			<content:encoded><![CDATA[<h2><span style="color: #003366;">Here&#8217;s the list of  Top Alabama Mortgage companyTop Alabama Mortgage company :</span></h2>
<p align="left">1. <strong>JAN VAN PETTEN</strong> &#8211; BIRMINGHAM/PELHAM <strong>AL</strong> (Rating: 4353)<br />
  Homepage: <a href="http://alabamamtg.com" target="_blank">alabamamtg.com</a> <br />
REFI OR   PURCHASE. All States, I am FHA/VA/USDA approved. 25+ years experience   205-682-7921. OR 908-7920.</p>
<p>2.  <strong>ERIC TISHAW</strong> &#8211;   HUNTSVILLE <strong>AL</strong> (Rating:   170)<br />
  Homepage: <a href="http://www.netbranchsurvivalkit.com" target="_blank">www.netbranchsurvivalkit.com</a> 
</p>
<p>3. </a> <strong>SARA KIDD</strong> &#8211;   RAINBOW CITY <strong>AL</strong> (Rating:   38)<br />
  Homepage: <a href="http://www.chm.fm" target="_blank">www.chm.fm</a> 
</p>
<p>4. <strong>RENA HITT</strong> &#8211;   BIRMINGHAM <strong>AL</strong> (Rating:   35)<br />
  Homepage: <a href="http://www.grandcentralmortgage.net" target="_blank">www.grandcentralmortgage.net</a> 
</p>
<p>5. <strong>YOHANCE LUCAS</strong> &#8211; HOOVER <strong>AL</strong> (Rating:   2)<br />
  Homepage: <a href="http://alfpc.com" target="_blank">alfpc.com</a> 
</p>
<p>6. </a> <strong>BO FLANDERS</strong> &#8211;   HOOVER <strong>AL</strong> (Rating:   1)<br />
  Homepage: <a href="http://www.boflanders.com" target="_blank">www.boflanders.com</a> 
</p>
<p>7. <strong>CHRIS SALTER</strong> &#8211;   CHELSEA <strong>AL</strong> (Rating:   2)<br />
  Homepage: <a href="http://saltermortgagegroup.com" target="_blank">saltermortgagegroup.com</a> 
</p>
<p>8. </a> <strong>MARK KIDD</strong> &#8211;   RAINBOW CITY <strong>AL</strong> (Rating:   35)<br />
  Homepage: <a href="http://www.chm.fm" target="_blank">www.chm.fm</a> 
</p>
<p>9.  <strong>MAX AUSTIN</strong> &#8211;   BIRMINGHAM <strong>AL</strong> (Rating:   9)<br />
  Homepage: <a href="http://www.maxaustin.com" target="_blank">www.maxaustin.com</a> <br />
Let me   put my 10+ years of lending experience and mortgage knowledge to work   for YOU!</p>
<p>10. <strong>EDSOL CROWDER</strong> &#8211; MOBILE <strong>AL</strong> (Rating:   1)<br />
  Homepage: <a href="http://afcmortgage.com" target="_blank">afcmortgage.com</a> 
</p>
<p>11.  <strong>WONDA PEARSON</strong> &#8211; MOBILE <strong>AL</strong> (Rating:   9)<br />
  Homepage: <a href="http://www.EasySouthernLoan.com" target="_blank">www.easysouthernloan.com</a> 
</p>
<p>12. <strong>DAVID SHOEMAKER</strong> &#8211; DECATUR <strong>AL</strong> (Rating:   313)<br />
  Homepage: <a href="http://www.worldfundingcorpllc.com" target="_blank">www.worldfundingcorpllc.com</a> 
</p>
<p>13.<strong>JACOB SANDERS</strong> &#8211; BIRMINGHAM <strong>AL</strong> (Rating:   94)<br />
  Homepage: <a href="http://www.amerisave.com/partner/jsanders" target="_blank">www.amerisave.com/partner/jsanders</a> <br />
I have 5 years experience in the mortgage industry with   Wells Fargo, Countrywide,and now the fastest growing mortgage company in   the industry, Amerisave! Call me today at 1-877-690-4001 or email me at   jsanders@amerisave.com!</p>
<p>14.<strong>MARTIN CLIFTON</strong> &#8211; BIRMIGNHAM <strong>AL</strong> (Rating:   1)<br />
  Homepage: <a href="http://www.atlasmtg.net" target="_blank">www.atlasmtg.net</a> 
</p>
<p>15. <strong>CHRIS FIORELLO</strong> &#8211; HUNTSVILLE <strong>AL</strong> (Rating:   3)<br />
  Homepage: <a href="http://www.homelinehomeloans.com" target="_blank">www.homelinehomeloans.com</a> 
</p>
<p>16. <strong>DOMINICK   WALLACE</strong> &#8211; BIRMINGHAM <strong>AL</strong> (Rating: 2)<br />
  Homepage: <a href="http://www.wallacecapitalfunding.com" target="_blank">www.wallacecapitalfunding.com</a> 
</p>
<p>17. <strong>MALCOLM CANNON</strong> &#8211; HOOVER <strong>AL</strong> (Rating:   111)<br />
  Homepage: <a href="http://www.aegusmortgage.com" target="_blank">www.aegusmortgage.com</a> 
</p>
<p>18.<strong>PAM DICKINSON</strong> &#8211; GULF SHORES <strong>AL</strong> (Rating:   3)<br />
  Homepage: <a href="http://www.gulfcoastmtg.com" target="_blank">www.gulfcoastmtg.com</a> 
</p>
<p>19. <strong>KASIE BRASWELL</strong> &#8211; MOBILE <strong>AL</strong> (Rating:   5)<br />
  Homepage: <a href="http://www.allianceprime.com" target="_blank">www.allianceprime.com</a> 
</p>
<p>20. <strong>IVAN REYES</strong> &#8211;   BIRMINGHAM <strong>AL</strong> (Rating:   3)<br />
  Homepage: <a href="http://ommloan.com" target="_blank">ommloan.com</a> 
</p>
<p>21. <strong>SIDNEY   CUERENTON</strong> &#8211; HOOVER <strong>AL</strong> (Rating: 7)<br />
  Homepage: <a href="http://www.alfpc.com" target="_blank">www.alfpc.com</a> 
</p>
<p>22.<strong>ZACHARY  LUTZ </strong> &#8211; SMITHS <strong>AL</strong> (Rating:   29)<br />
  Homepage: <a href="http://www.ascenthomeloans.com/zlutz/" target="_blank">www.ascenthomeloans.com/zlutz/</a> 
</p>
<p>23. <strong>MARY GILREATH</strong> &#8211; BIRMINGHAM <strong>AL</strong> (Rating:   <img src='http://www.mortgagecompanycheap.com/wp-includes/images/smilies/icon_cool.gif' alt='8)' class='wp-smiley' /> <br />
  Homepage: <a href="http://marygilreath.com" target="_blank">marygilreath.com</a> 
</p>
<p>24. <strong>BILL MCNEAL</strong> &#8211;   MONTGOMERY <strong>AL</strong> (Rating:   23)<br />
  Homepage: <a href="http://N/A" target="_blank">n/a</a> 
</p>
<p>25. <strong>TRACY HOWARD</strong> &#8211;   FOLEY <strong>AL</strong> (Rating:   5)<br />
  Homepage: <a href="http://www.themtggroup.com" target="_blank">www.themtggroup.com</a> <br />
Loan   Officer with 4 years mortgage experience and 3 years in the securities   industry.</p>
<p>26.<strong>JASON FIVEASH</strong> &#8211; BIRMINGHAM <strong>AL</strong> (Rating:   10)<br />
  Homepage: <a href="http://southerneaglemortgage.com" target="_blank">southerneaglemortgage.com</a> 
</p>
<p>27.<strong>GABRIEL LEBLEU</strong> &#8211; SPANISH FORT <strong>AL</strong> (Rating:   2)<br />
  Homepage: <a href="http://www.advancemtg.net" target="_blank">www.advancemtg.net</a> 
</p>
<p>28. <strong>TRENT  COTTON</strong> &#8211; BIRMINGHAM <strong>AL</strong> (Rating:   6)<br />
  Homepage: <a href="http://trentcotton.blogspot.com/2005/11/introduction.html" target="_blank">trentcotton.blogspot.com/2005/11/introduction.html</a> 
</p>
<p>29.<strong>THOMAS JURY</strong> &#8211;   BIRMINGHAM <strong>AL</strong> (Rating:   1)<br />
  Homepage: <a href="http://norstarbranch.com" target="_blank">norstarbranch.com</a> 
</p>
<p>30.<strong>SHERRY   BLACKBURN</strong> &#8211; BIRMINGHAM <strong>ALABAMA</strong> (Rating: 1)<br />
  Homepage: <a href="http://www.sherryblackburn.com" target="_blank">www.sherryblackburn.com</a> <br />
I   am a mortgage banker with First Service Mortgage in Birmingham, Al. We   serve the states of Alabama, Georgia, and Louisiana with a variety of   loan products designed for the first time buyer as well as the seasoned   investor.Call or meail me to reques</p>
<p>31.<strong>RYAN EPPER</strong> &#8211;   NORTHPORT <strong>AL</strong> (Rating:   1)<br />
  Homepage: <a href="http://www.Lifestyle-mortgage.com" target="_blank">www.lifestyle-mortgage.com</a> <br />
Licensed Mortgage Broker  Custom Loans Zero Down  Ryan Epper,CEO   Lifestyle Mortgage, LLC</p>
<p>32.<strong>JACKSON BAILEY</strong> &#8211; GULF SHORES <strong>AL</strong> (Rating:   1)<br />
  Homepage: <a href="http://www.realestate-lending.net" target="_blank">www.realestate-lending.net</a> 
</p>
<p>33.<strong>KUNYA  JONES</strong> &#8211;   BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.mortgageacceptanceco.com" target="_blank">www.mortgageacceptanceco.com</a> 
</p>
<p>34.<strong>CHAM JOHNSTON</strong> &#8211; GULF SHORES <strong>AL</strong> <br />
  Homepage: <a href="http://www.themtggroup.com" target="_blank">www.themtggroup.com</a> 
</p>
<p>35.<strong>AUBREY HATCHER</strong> &#8211; HUNTSVILLE <strong>AL</strong> <br />
  Homepage: <a href="http://www.ajohn.allfundmortgage.com" target="_blank">www.ajohn.allfundmortgage.com</a> 
</p>
<p>36.<strong>ROBERT SMITH</strong> &#8211;   MONTGOMERY <strong>AL</strong> <br />
  Homepage: <a href="http://WWW.TMSOFAL.COM" target="_blank">www.tmsofal.com</a> 
</p>
<p>37.<strong>ERIN KLINE</strong> &#8211;   BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.klineteam.net" target="_blank">www.klineteam.net</a> 
</p>
<p>38.<strong>ALLEN MILLS</strong> &#8211;   BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.go-mortgages.com" target="_blank">www.go-mortgages.com</a> 
</p>
<p>39.<strong>GABRIEL LEBLEU</strong> &#8211; SPANISH FORT <strong>AL</strong> <br />
  Homepage: <a href="http://www.advancemtg.net" target="_blank">www.advancemtg.net</a> 
</p>
<p>40.<strong>GARY THOMPSON</strong> &#8211; DAPHNE <strong>AL</strong> <br />
  Homepage: <a href="http://www.fc-funding.com" target="_blank">www.fc-funding.com</a> 
</p>
<p>41.<strong>JEFF LATHAM</strong> &#8211;   BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.porterbridgeloans.com" target="_blank">www.porterbridgeloans.com</a> 
</p>
<p>42.<strong>KELVIN OWENS</strong> &#8211;   BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.cfic.com/prestonjenkins" target="_blank">www.cfic.com/prestonjenkins</a> 
</p>
<p>43.<strong>ROBERT NEWSOME</strong> &#8211; HOOVER <strong>AL</strong> <br />
  Homepage: <a href="http://newcorpfinancial.com/mortgage/" target="_blank">newcorpfinancial.com/mortgage/</a> 
</p>
<p>44.<strong>COURTNEY   JOHNSON</strong> &#8211; FLORENCE <strong>AL</strong> <br />
  Homepage: <a href="http://www.brokerspreferred.com" target="_blank">www.brokerspreferred.com</a> 
</p>
<p>45.<strong>BILL MCNEAL</strong> &#8211;   MONTGOMERY <strong>AL</strong> <br />
  Homepage: <a href="http://N/A" target="_blank">n/a</a> 
</p>
<p>46.<strong>WANDA WOOD</strong> &#8211;   MOBILE <strong>AL</strong> <br />
  Homepage: <a href="http://1stsouthern.com" target="_blank">1stsouthern.com</a> 
</p>
<p>47.<strong>SCOTT  CAIN</strong> &#8211;   EUFAULA <strong>AL</strong> <br />
  Homepage: <a href="http://www.infinityfinancialllc.com" target="_blank">www.infinityfinancialllc.com</a> 
</p>
<p>48.<strong>JOSHUAH  BRYANT</strong> &#8211; MERIDIANVILLE <strong>AL</strong> <br />
  Homepage: <a href="http://VERMILLIONMTG.COM" target="_blank">vermillionmtg.com</a> 
</p>
<p>49.<strong>MARK CARRIGER</strong> &#8211; FOLEY <strong>AL</strong> <br />
  Homepage: <a href="http://www.100callsaday.com" target="_blank">www.100callsaday.com</a> 
</p>
<p>50. <strong>JIM BROOKS</strong> &#8211;   BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.thehomeloanguys.com" target="_blank">www.thehomeloanguys.com</a></p>
<p>51.<strong>JAMES RAGAN</strong> &#8211;   RAINBOW CITY <strong>AL</strong> <br />
  Homepage: <a href="http://www.goldstarmortgage.com" target="_blank">www.goldstarmortgage.com</a> 
</p>
<p>52.<strong>BRANDON   HAMBRIGHT</strong> &#8211; MOBILE <strong>AL</strong> <br />
  Homepage: <a href="http://www.brandonhambright.benchmark.us" target="_blank">www.brandonhambright.benchmark.us</a> 
</p>
<p>53.<strong>STEPHEN FOSTER</strong> &#8211; MADISON <strong>AL</strong> <br />
  Homepage: <a href="http://www.pmhl.us" target="_blank">www.pmhl.us</a> 
</p>
<p>54.<strong>DONNA GOMILLION</strong> &#8211; GARDENDALE <strong>AL</strong> <br />
  Homepage: <a href="http://www.romanfunding.net" target="_blank">www.romanfunding.net</a> 
</p>
<p>55.<strong>RANDELL JHONS</strong> &#8211; SELMA <strong>AL</strong> <br />
  Homepage: <a href="http://www.servuslending.com" target="_blank">www.servuslending.com</a> 
</p>
<p>56.<strong>TAMMY SIMPSON</strong> &#8211; ATTALLA <strong>AL</strong> <br />
  Homepage: <a href="http://www.alfpc.com" target="_blank">www.alfpc.com</a> 
</p>
<p>57.<strong>KELLEY BAILEY</strong> &#8211; BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.kelleybailey.com" target="_blank">www.kelleybailey.com</a> 
</p>
<p>58.<strong>ALEX  LANE</strong> &#8211;   PHENIX CITY <strong>AL</strong> <br />
  Homepage: <a href="http://www.phenix-girard.com" target="_blank">www.phenix-girard.com</a> 
</p>
<p>59.<strong>ERIC CALFEE</strong> &#8211;   PELHAM <strong>AL</strong> <br />
  Homepage: <a href="http://suncapitalmtg.com" target="_blank">suncapitalmtg.com</a> 
</p>
<p>60.<strong>TAB BISIGNANI</strong> &#8211; BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.callthehometeam.net" target="_blank">www.callthehometeam.net</a> 
</p>
<p>61.<strong>SEAN ELLIOTT</strong> &#8211;   FLORENCE <strong>AL</strong> <br />
  Homepage: <a href="http://www.northalabamamortgage.com" target="_blank">www.northalabamamortgage.com</a> 
</p>
<p>62.<strong>EMMETT BELL</strong> &#8211;   DECATUR <strong>AL</strong> <br />
  Homepage: <a href="http://www.worldfundingcorpllc.com" target="_blank">www.worldfundingcorpllc.com</a> 
</p>
<p>63.<strong>KAYRON   GILCHRIST</strong> &#8211; GADSDEN <strong>AL</strong> <br />
  Homepage: <a href="http://www.integritymortgage.bz" target="_blank">www.integritymortgage.bz</a> 
</p>
<p>64.<strong>CHRISTOPHER   BAKER</strong> &#8211; BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.bakervaluation.com" target="_blank">www.bakervaluation.com</a> 
</p>
<p>65.<strong>TREY CALLEGAN</strong> &#8211; BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.995RATE.com" target="_blank">www.995rate.com</a> 
</p>
<p>66.<strong>COMMUNITY   HOME MORTGAGE</strong> &#8211; RAINBOW CITY <strong>AL</strong> <br />
  Homepage: <a href="http://www.chm.fm" target="_blank">www.chm.fm</a> 
</p>
<p>67. <strong>DONNIE HILL</strong> &#8211;   COLUMBIANA <strong>AL</strong> <br />
  Homepage: <a href="http://alfpc.com" target="_blank">alfpc.com</a> 
</p>
<p>68.<strong>JACOB SANDERS</strong> &#8211; BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.amerisave.com/partner/jsanders" target="_blank">www.amerisave.com/partner/jsanders</a> 
</p>
<p>69.<strong>R SANDERS</strong> &#8211;   BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://alfpc.com" target="_blank">alfpc.com</a> 
</p>
<p>70.<strong>CHRIS GOODE</strong> &#8211;   BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.cgoode.apexlending.com" target="_blank">www.cgoode.apexlending.com</a> 
</p>
<p>71.<strong>MIKE 123</strong> &#8211; FORT   GART <strong>AL</strong><br />
  Homepage: <a href="http://www.stopforeclosuredesk.com/" target="_blank">www.stopforeclosuredesk.com/</a> 
</p>
<p>72.<strong>DAVID SHELL</strong> &#8211;   PELL CITY <strong>AL</strong> <br />
  Homepage: <a href="http://AmeriCapitalFunding.com" target="_blank">americapitalfunding.com</a> 
</p>
<p>73.<strong>BRYAN WELCH</strong> &#8211;   BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.ommloan.com" target="_blank">www.ommloan.com</a> 
</p>
<p>74.<strong>MARK BOACKLE</strong> &#8211;   HOOVER <strong>AL</strong> <br />
  Homepage: <a href="http://www.americapitalfunding.com" target="_blank">www.americapitalfunding.com</a> 
</p>
<p>75.<strong>BUTCH BRYANT</strong> &#8211;   MERIDIANVILLE <strong>AL</strong> <br />
  Homepage: <a href="http://butchbryant.com" target="_blank">butchbryant.com</a> 
</p>
<p>76.BILL COFIELD &#8211;   ONEONTA AL <br />
  Homepage: <a href="http://www.mortgagebrokersco-ops.com" target="_blank">www.mortgagebrokersco-ops.com</a> 
</p>
<p>77.<strong>CHRIS JOHN</strong> &#8211; NEW <strong>AL</strong> <br />
  Homepage: <a href="http://www.CleanCreditClinic.com" target="_blank">www.cleancreditclinic.com</a> 
</p>
<p>78.<strong>ZACK ROGERS</strong> &#8211;   BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://www.firstchoicefund.com" target="_blank">www.firstchoicefund.com</a> 
</p>
<p>79.<strong>PHIL KING</strong> &#8211;   HOOVER <strong>AL</strong> <br />
  Homepage: <a href="http://americapitalfunding.com" target="_blank">americapitalfunding.com</a> 
</p>
<p>80.<strong>VICTOR COOK</strong> &#8211;   PELL CITY <strong>AL</strong> <br />
  Homepage: <a href="http://COOSAVALLEYMORTGAGE" target="_blank">coosavalleymortgage</a> 
</p>
<p>81.<strong>CHUCK YOUNG</strong> &#8211;   ALABASTER <strong>AL</strong> <br />
  Homepage: <a href="http://www.youngmortgagelending.com" target="_blank">www.youngmortgagelending.com</a> 
</p>
<p>82.<strong>MIKE GILES</strong> &#8211;   BIRMINGHAM <strong>AL</strong> <br />
  Homepage: <a href="http://MORTGAGELINC.NET" target="_blank">mortgagelinc.net</a> 
</p>
<p>83.<strong>SCOTT WOOD</strong> &#8211;   MADISON <strong>AL</strong> <br />
  Homepage: <a href="http://hometownbranch.com" target="_blank">hometownbranch.com</a> 
</p>
<p>84.<strong>TIM  DUNCAN</strong> &#8211;   HUNTSVILLE <strong>AL</strong> <br />
  Homepage: <a href="http://1fmc.com" target="_blank">1fmc.com</a> 
</p>
<p>85.<strong>CONRAD THOMPSON</strong> &#8211; HUNTSVILLE <strong>AL</strong> <br />
Homepage: <a href="http://www.1fmc.com/" target="_blank">www.1fmc.com/</a></p>
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			<content:encoded><![CDATA[<p>Coming soon</p>
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		<title>What is 2nd mortgage</title>
		<link>http://www.mortgagecompanycheap.com/2010/02/what-is-2nd-mortgage/</link>
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		<pubDate>Thu, 04 Feb 2010 10:19:51 +0000</pubDate>
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				<category><![CDATA[second mortgage]]></category>
		<category><![CDATA[2nd mortgage]]></category>

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		<description><![CDATA[A mortgage that is subordinate to a first mortgage. Loan that is considered to be adjunct to the first or original mortgage. This loan is secured by the equity of the property. A loan with a second-priority claim against a property in the event that the borrower defaults. The lender who holds the second mortgage<br /><span class="excerpt_more"><a href="http://www.mortgagecompanycheap.com/2010/02/what-is-2nd-mortgage/">[continue reading...]</a></span>]]></description>
			<content:encoded><![CDATA[<p>A mortgage that is subordinate to a first mortgage.</p>
<p>Loan that is considered to be adjunct to the first or original mortgage. This loan is secured by the equity of the property. <span id="more-4"></span></p>
<div title="2nd mortgage">A loan with a second-priority claim against a property in the event that the borrower defaults. The lender who holds the second mortgage gets paid only after the lender holding the first mortgage is paidAnother loan placed upon a piece of property</p>
<p>A mortgage which is entered after the primary loan. Called a second due to it being the second lien position to the first mortgage. See also Secondary Financing.</p>
<p>A second mortgage typically refers to a secured loan (or mortgage) that is subordinate to another loan against the same property.</p>
<p>The use of two lenders in a real estate mortgage in which one lender holds a first mortgage on the real estate and another lender holds a second mortgage</p>
<p>A loan that is in second position behind the first mortgage. Sometimes used as additional down payment or to pull equity from the home.</p>
<p>A second mortgage assumes a subordinate position behind the first mortgage. Seller – A seller is the person transferring ownership and all the rights for your home in exchange for cash or trade.</p>
<p>Also known as a Home Equity Loan.</p>
<p>A mortgage registered against real property which is already encumbered with one mortgage. Date and time of registration determines which is first and which is second.</p>
<p>An additional mortgage on a property, the second mortgage. It often carries a shorter term and a higher interest rate than the original mortgage.</p>
</div>
<p>Generally, when considering the application for a second mortgage, lenders will look for the following:</p>
<p>* Significant equity in the first mortgage<br />
* Low debt-to-income ratio<br />
* High credit score<br />
* Solid employment history</p>
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