Bad credit equity loans, often called a sub-prime second mortgage can help borrowers that have hit hard times get back on their feet. These loans can be easier to secure than a refinance to cash out on home equity. Bad credit equity loans, often called a sub-prime second mortgage can help borrowers that have hit hard times get back on their feet. Researching mortgage loans will help you avoid common mortgage mistakes that can lead to overpaying thousands of dollars. When you refinance your mortgage, you usually pay off your original mortgage and sign a new loan. These loans are generally the best choice for veterans who are planning to purchase a new home or refinance an existing home mortgage.
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