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!

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One Response to “What kinds of loans would we be eligible for?”

  1. v b said:

    Sorry to burst your bubble, but a 2nd mortgage and a home equity line are essentially the same thing.




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