Home Equity MortgageBridge Loan Vs Home Equity Ronald Bruno Contents 30-year fixed mortgage. loan offerings Home equity loans Loan. bridge loans Loans borrow 5 Mortgage center! apply · A second mortgage is a type of loan that lets you borrow against the value of your home. Your home is an asset, and over time, that asset can gain value. Second mortgages, also known as home equity lines of credit (HELOCs) are a way to use that.