You visit some local banks and inquire about the rates and associated costs. Then you can check online for the same. When you find the deal that best suits your needs you apply at that bank. Just...
Every lender has different requirements, but the standard is 80% of your total home value. A $100k home may have up to $80k in loans against it. Some lenders will go to 90% or in some rare cases...
Yes, and it must be paid off before house can be sold. It creates a lien, just like a first mortgage. A mortgage is a specific, fixed amount procured to buy a property or make improvements. The...