What kind of home loan options are there?
As a homeowner, you have a valuable asset that enables you to gain many different types of financial products and home loan options. The most common home loan is obviously a mortgage. But even if you already have one, you can qualify for other programs. You can get a second mortgage or home equity loan at a low interest rate and free up extra cash that way. Often, you will get lower interest rates just for being a homeowner.
