Second Mortgage

Have you ever exceeded your line of credit more than once?

This may have ended in to your bank iincreasing your APR and most of the time they will be unwilling to work with me even though  your have never had a late payment.  

So should you look into taking out a second mortgage on the house as the balace is substantial? Ever thought about the downside to a second mortgage in this case? Read the rest of this entry »