Interest-Only Home Equity Lines of Credit and Second Mortgage Refinancing

Interest-Only Home Equity Lines of Credit and Second Mortgage Refinancing
Interest only home equity lines are not just for purchase loans. Many people refinance with interest-only loans to lower payments and consolidate debt. There are also several varieties of interest-only home equity loans or second mortgages. At this time interest only options are not available with government mortgage like FHA or VA.