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  2. Second mortgage - Wikipedia

    en.wikipedia.org/wiki/Second_mortgage

    Whilst a standalone second mortgage is opened subsequent to the primary loan, those with a piggyback loan structure are originated simultaneously with the primary mortgage. [ 4 ] [ 5 ] [ 6 ] With regard to the method in which funds are withdrawn, second mortgages can be arranged as home equity loans or home equity lines of credit . [ 7 ]

  3. List of banks in Sri Lanka - Wikipedia

    en.wikipedia.org/wiki/List_of_banks_in_Sri_Lanka

    Housing Development Finance Corporation Bank of Sri Lanka (HDFC) National Savings Bank; Regional Development Bank (Pradheshiya Sanwardhana Bank) Sanasa Development Bank; Sri Lanka Savings Bank; State Mortgage and Investment Bank; Source: Central Bank, September 2020 [2]

  4. Can you use home equity to buy a second home? - AOL

    www.aol.com/finance/home-equity-buy-second-home...

    By taking out a loan that uses the new property as collateral, the mortgage interest will be tax-deductible if you itemize (up to the overall mortgage-debt limit, which applies to all your home ...

  5. HDFC Bank of Sri Lanka - Wikipedia

    en.wikipedia.org/wiki/HDFC_Bank_of_Sri_Lanka

    The Housing Development Finance Corporation of Sri Lanka Act No. 7 of 1997 passed in the parliament of Sri Lanka. Under the act, the HDFC was established as a state-owned enterprise. The act was amended in 2003, allowing the HDFC to reestablish itself as a specialised bank. The bank was listed on the Colombo Stock Exchange in 2005. Beginning in ...

  6. Secondary mortgage market: What it is and how it works - AOL

    www.aol.com/finance/secondary-mortgage-market...

    Example of the secondary mortgage market. Imagine you take out a mortgage to purchase a new home. The lender gives you the funds to purchase the property, and you agree to pay the money back over ...

  7. Home equity loan vs. HELOC: Which is best for borrowing ...

    www.aol.com/finance/home-equity-loan-vs-heloc...

    You build your home equity every month when you make your mortgage payments. With every home payment you make, you own more of your home. Home loans range from 10 to 30 years, with recent ...

  8. Abans - Wikipedia

    en.wikipedia.org/wiki/Abans

    Abans PLC also known as Abans Group is a Sri Lankan public limited company and a diversified conglomerate in Sri Lanka engaged in ICT, retail, manufacturing, logistics, commercial real estate and financial services. Abans predominantly functions mainly as a consumer retailer selling various electronic appliances, smart phones, laptops, cooking ...

  9. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    Low-interest loans: A low-interest second mortgage you’ll repay over the course of a few years Deferred-payment loans: A no-interest second mortgage you’ll repay when you sell the home ...

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