Should You Get A Second Mortgage? | Bankrate.com – Advantages of a second mortgage. A second mortgage is a way to borrow a significant amount of money – more than you could get without using your home as collateral.
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2nd Mortgage Loan Modification – 2nd Mortgage Loan Modification Posted on April 29 By Justin McHood Many people know that it is possible to get a loan modification under the home affordable modification program (HAMP) but what many people don’t know is that it is also possible to get a 2nd mortgage modified and not just a 1st mortgage.
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How to Get Rid of Second Mortgage That I Can't Afford. – Refinance your second mortgage if there’s a chance you can get one at a lower rate without affecting your first mortgage. Or refinance your first and second mortgages with a cash-out loan that would pay off both existing loans and result in a new first mortgage.
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