Many homeowners find themselves facing unexpected expenses with no money in reserve. This is a common occurrence as more and more families are stretched to the limit financially. Rising costs of living are taking a toll on the family budget. Suddenly, you realize that you have a child ready to graduate from high school and enter college. Where will you get the money to fund the education your child must have to make it in today's business world?

At Park Place Funding, you will find the help and advice you need. We will work with you and evaluate the possibility of letting a second mortgage provide the needed finances. If you have enough equity in your home, you may be able to finance the entire education of your child while receiving the benefits of a tax break.

Second Mortgages for Unexpected Expenses
If your child's educational needs are yet a few years away, you can prepare for college expenses by increasing your monthly premium by $100. This will quickly add up to more equity in your home. The more equity you have, the easier it will be to get a second mortgage when you need it.

As experienced mortgage brokers, we know how to get you the money you need at the lowest possible interest rate. We will help you with everything from getting an up-to-date appraisal to signing the final papers. If you have made your payments on time, and your credit rating is high, you should have no problem securing a loan. Give us a call at 949-540-2300, and we will begin the process of finding out how much equity is available. With our years of experience, we know the mortgage business and how to find what is best for you.