How (or can) I refinance a Home equity loan (2nd mortgage)?I have a home in Manahawkin, NJ 08050 that is a rental property. It has a first mortgage that I recently refinanced and a home equity loan (2nd mortgage) that I took out to avoid PMI however the interest rate is 8.9%. Both loans are currently held by Chase. Can I refinance just this 8.9% home equity loan to get a lower rate? With who? And how?February 22 2014 - Manahawkin00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.