What kinds of loans would we be eligible for?
My husband and I bought a small house two years ago and now we have our daughter and it is just too small. We would like to add on to the back and add a second story. We have about $6,000 in equity so a home equity loan is out of the question. Is a second mortgage a possibility? Are there any other loans that I should be looking into?
Thanks!
December 19th, 2010 at 11:27 am
Sorry to burst your bubble, but a 2nd mortgage and a home equity line are essentially the same thing.