Quick Answer Second mortgages, including home equity loans and lines of credit, can give you access to cash, often with lower interest rates than other forms of credit.
Tim Maxwell is a freelance personal finance contributor, writing for various publications including CBS News and Experian Spanish Latam. With a focus on providing practical advice and insights, Tim covers topics such as retirement planning, real estate investment, and money-saving tips. His work has also been featured in Bankrate, Yahoo News, Fox Business Network, and the New York Post.