Mortgage Assistance : How Much Equity Do You Need to Get a Second Mortgage?

886 views · Published 4 February 2009 · 1:29 · Indexed 20 September 2026

Channel: ehow · 2009 · Howto & Style

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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.innovativefg.com
Bio: Matthew McKillen has more than 21 years of industry experience in arranging loans for his clients.
Filmmaker: Christopher Rokosz

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