Some 2nd mortgage rates can be hard to research but with the advent of the internet, there are literally hundreds of companies who are competing for your business. To get the best rates today can take just a few minutes if you use the tools available to you through the internet. With the credit crunch, companies are also competing more for your business and you should take advantage of that. Some tips for finding the best rates online are:

1. Get quotes from numerous companies
Search for mortgage companies on the internet and then apply for the loans. Today its easy to fill out a few requests and then just watch the 2nd mortgage rates offers just pour into your inbox. It's important to get rates from different companies, because it may save you thousands down the line in interest.

2. Use a mortgage broker.
Instead of approaching the companies directly, you can use a mortgage broker. This is a useful shortcut because a mortgage broker will know who is lending and also who is looking for business. A broker will send your request to various banks and then send you the quotes for the 2nd mortgage rates.

3. Make sure you compare all the 2nd mortgage rates fees
Don't just compare the mortgage rates themselves. Make sure you compare the service fees, and work out the long term effects of the loans. The 2nd mortgage rates on a particular loan may be lower but you may end up paying more when you take the fees into account.

4. A better credit score gets you better 2nd mortgage rates
The higher your credit score the better the rates you will receive. Your credit score is something you can do something about. Use a credit reporting company to check your credit score and also to improve your credit rating.