Second mortgages

A quick look at books which mention second mortgages :

Mortgage Encyclopedia: An Authoritative Guide to Mortgage Programs, Practices, Prices and Pitfalls by Jack Guttentag (Paperback - May 7, 2004)

Excerpt - page 12: "... FRM rate you can obtain in the market. If the second rate is lower, which is ... ARM Needed to Qualify?, Interest-Only Mortgage/Interest-Only ARMs, Second Mortgages/ Negative Amortization ARM May Prevent a Second ..."

Investing for Dummies, Third Edition by Eric Tyson (Paperback - Dec 6, 2002)

Excerpt - page 163: "... buy or refinance real estate. Such loans are known as mortgages or second mortgages. Private mortgage investments appeal to investors who don't like ..."

Excerpt - page 259: "...Real Estate Dilemmas and Decisions When to consider a home equity loan Home equity loans, also known as second mortgages , allow you to borrow against the equity in your home in addition to the mortgage that you already have ..."

Investment Valuation: Tools and Techniques for Determining the Value of Any Asset, Second Edition by Aswath Damodaran (Hardcover - Jan 18, 2002)

Excerpt - page 216: "... perception than on fact. Any homeowner who has taken a second mortgage on a house that has appreciated in value knows that ..."