A Second Mortgage (also referred to as a home equity loan or home equity line of credit) is just what it sounds like: another (second) mortgage on your home. Second Mortgages are especially appealing now because interest rates are low and home values are rising. There are few limitations on how you can use the funds from a second mortgage. Many people use a second mortgage to fund big expenditures such as home improvements or repairs, to buy a second home or to pay off a big debt.

There are two main types of Second Mortgages:

• Home Equity Loans - First Florida Financial lends a lump sum of money all at once, and the borrower repays it at regular intervals over a set period of time. Typically, the interest rates are fixed.

• Home Equity Line of Credit - This type of loan works like a credit card, the borrower spends the money as they need it. Typically, interest rates are adjustable.

Contact First Florida Financial, Inc. NMLS # 392021 if you think a Second Mortgage Loan is for you!

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Fair Housting Act

Fair Housing Act
The Fair Housing Act prohibits discrimination in housing on the basis of: race, color, national origin, religion, sex, familial status or handicap (disability). 

Main Office
13400 Sutton Park Dr South
Suite #1502

Jacksonville, FL 32224
NMLS# 2057475

Branch Offices
10175 Fortune Pkwy, Suite #1102
Jacksonville, FL 32256
NMLS# 1818353

534-4 Park Avenue
Orange Park, FL 32073
NMLS# 2057475

First Florida Mortgage
NMLS # 392021
13400 Sutton Park Dr S., Suite 1502
Jacksonville, FL 32224
Jacksonville Mortgages   (904) 402-0791

Important Disclosures

First Florida Financial, Inc.

NMLS
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