Does a Fixed Rate Second Mortgage make it more complicated to sell my house later on?

Not at all. You would pay, at the time of the sale, the balance owed on your fixed rate second mortgage.

• What happens to my Fixed Rate First Mortgage if mortgage rates drop?
• What if the prime rate increases?
• Does a Home Line of Credit make it more complicated to sell my house later on?
• Should I commit myself to making another mortgage payment?
• Will the payment amount of my Fixed Rate First Mortgage change?
• What restrictions do I have on how I use the money in my Home Line of Credit?
• Will my FHA Mortgage payment amount change?
• What restrictions do I have on how I use the money from my Fixed Rate Second Mortgage?
• How long to I have to pay MIP on my FHA Mortgage?
• I don't like the idea of my monthly Adjustable Mortgage payments possibly increasing in the future. Is this my best option?
• Is a Fixed Rate Second Mortgage expensive?
• Why do I have to pay MIP on my FHA Mortgage?
• Is a Home Line of Credit expensive?