The way banks determine the lendable equity for a second mortgage is with a loan to value calculation. Discover why a bank may only offer 90 percent or less of the original loan amount on a second mortgage with help from a financial specialist in this free video on mortgage assistance and personal finance.
Expert: Matthew McKillen
Contact: www.excelmortgage.com/
Bio: Matthew McKillen brings 21 years of industry experience in arranging loans for his clients.
Filmmaker: Christopher Rokosz
Duration : 0:1:29
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- Mortgage Information : How to Refinance a First & Second Mortgage
- Mortgage Assistance : What Protection Do You Lose With a Second Mortgage?
- Mortgage Assistance : Types of Mortgage Insurance
- Mortgage Assistance : What Happens if You Default on a Second Mortgage?




