Mortgage vs. Home Equity Loan situation?
my father and his two brothers were gifted the house of my grandfather when he died. I told my father I would like to take home with them as he moved from the house of the confidence of my grandfather on my behalf. In return, I need to pay for the house. But since I already own homes, I can still get a mortgage to pay it or can I simply a mortgage? I ask because the mortgage interest rates seem significantly lower than the credit. Are there other options?