By your own words, it clearly states ""To be deductible, the interest you pay must be on a loan secured by your main home or a second home, regardless of how the loan is labeled. "
SO bottom line is, the interest is not deductible if it is not secured by your main home or second home REGARDLESS OF HOW THE LOAN IS LABELED.
For your own sake, please don't try playing semantics with the IRS, as you will lose.
