31
Oct
A second mortgage lets you use your home’s value to gain financial stability. A second mortgage generates capital that can be used to improve the house, pay for medical bills, or other vital financial outlay. As with many borrowers, you may want to refinance your mortgage with North East as the second mortgage rates are higher than first mortgages. Before you make your final decision, here are steps you should take to make sure refinancing is the right option for you: Understand How Much Refinancing Costs It’s important to determine whether refinancing makes sense for you or not. It is…