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).

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!