Mortgage Brokers Mortgage Broker - The Ultimate Home Buyer's Guide | Page 9

 In
an application for your second mortgage,
lenders are looking for a few things in
candidates for a loan.
 Equity,
or the money you have readily available
in savings, investments or otherwise reserved.
 The information provided by your credit history
and your current credit score.
 Debt and how your debt compares to your
monthly income.
 What your income is currently, and whether large
gaps in employment are frequent over the course
of your employment history.