Revolutionary Trick for Best Second Mortgage Lenders Comparison
Real-World Examples and Data
According to recent data, the average interest rate for a second mortgage in the United States ranges from 4% to 7%, depending on the borrower's credit score and the loan-to-value ratio1. Some lenders offer promotional rates for new customers or discounts for setting up automatic payments2. Additionally, many lenders provide online applications and quick approval processes, allowing borrowers to receive funds within a few weeks3.