Second Mortgages Explained – Part 1 (Infographic)

A second mortgage is a form of consumer credit that involves borrowers getting a small loan to pay it over monthly installments for urgent cash injection. It is useful for home renovation, down payment for another property or paying for an expensive purchase. This infographic from SPV Mortgages has more info on this. Check back for part 2.

Leave a Reply

Your email address will not be published. Required fields are marked *