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| 2nd Mortgage | ||
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At TPSCU, we call a traditional second mortgage a Fixed Home Equity Loan. This loan provides a specifically requested amount of cash to be paid back over a specific period of time. The rate charged is fixed, and it doesn't change over the term of the loan. The amount you borrow is secured by the equity you have in your primary residence. The term from 60 to 180 months, based on the amount borrowed. Still not sure how much you need or when you need it? Perhaps our Flexible Home Equity Line-of-Credit Loan will better serve your needs. |
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