Access Your Home's Equity - And Keep Your Low First Mortgage Rate

HELOCS and 2nd Mortgages - Pros and the Cons

HELOCs and 2nd MortgagesHELOCs – Home Equity Lines of Credit – and 2nds are a great way to tap into the equity of your home without having to refinance and lose that super low interest rate. It’s for times when you need the cash, when you are doing repairs, upgrading your home, or just have some unexpected expenses. Or maybe you want to pay off those high interest credit cards and save a ton of money each month. No matter the reason, a HELOC ior a 2nd s a great option to get cash from your home, fast.

DO NOT REFINANCE if your interest rate is below 3.5%, those rates are not going to be back for a Looooong time. You want to keep that rate and low payment for as long as you own the home, or until your loan is paid in full. Now there are exceptions to this rule, and that’s why it’s important to talk to a mortgage professional, but if you just need some quick cash, the rule is usually golden,


You don’t have to be an expert in getting a home loan – that’s my job. I’ve been doing this so long, I know how to navigate through all of the rules and guidelines to find you the best loan at the best price. Schedule an appointment so we can get you ready to start shopping for your dream home! Or if You’re ready to get the process started, start an application to get the ball rolling. I’ll take it from there.

What's the Difference Between a HELOC and a 2nd Mortgage?

Home equity lines of credit, and second mortgage are similar, but there are differences. Both are ways to access the equity in your home without having to refinance your 1st mortgage, and losing that great interest rate. 

Let’s take a look at some of the differences between a cash out refinance, a HELOC and a 2nd mortgage.

HELOC vs 2nd Mortgage
2nd Mortgage

I’m Your first Call.

Your first step should always be to talk to a mortgage professional. Schedule a time speak with me today, it doesn’t matter if your’e already under contract, or if you are buying until next year. I need to make sure we get you ready, and that you’re doing the right things today, so when you do make an offer, you are all set. I see too many people that take advice from the internet or non-professionals and mess up their chances to buy.

Talk to Jesse – Mortgage Expert 


Jesse Rivera - Mortgage Broker

My name is Jesse Rivera. I’m licensed in the State of California and I live and work in beautiful Long Beach, CA. I can do loans for the whole state of California, but I specialize in SoCal, especially Long Beach, Los Angeles County and Orange county.

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