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Mortgage Loans Home Equity Loans: The Pros and Cons and How to Get One – A home equity loan is a type of second mortgage.Your first mortgage is the one you used to purchase the property, but you can place additional loans against the home as well if you’ve built up enough equity.home equity loans allow you to borrow against your home’s value over the amount of any outstanding mortgages against the property.
South Florida tops in mortgage fraud investigations – South Florida led the nation last year in loans investigated and verified for mortgage fraud, according to a report from LexisNexis Risk Solutions. Palm Beach, Broward and Miami-Dade counties. that.
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