# 2ndlien Loans > Construction Financing | Fixed 2nd loans ## Pages - [ladning page](https://2ndlienloans.com/ladning-page/) - [2nd Lien Loan Options](https://2ndlienloans.com/2nd-lien-loan-options/): 2nd Lien Loan Options 2nd Lien Loans Second-lien loans have consistently been a reliable source of financing. This serves as an alternative to refinancing your primary mortgage. These loans may be preferred when you have locked in a lower mortgage rate than current mortgage rates. Great news: home equity is at record levels, with some reports suggesting as much as $33 trillion. Many homeowners also took advantage of the historically low refinancing rates during COVID-19 (2020-21). However, the Federal Reserve implemented rising interest rates in 2022 due to high inflation. 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