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2. Should you buy a second home? - AOL

   www.aol.com/finance/buy-second-home-191849101.html

   The demand for mortgages for second homes is the lowest it’s been in seven years — due largely to expensive housing costs coupled with employers requiring workers to return to the office ...

3. What is a second mortgage, and how does it work? - AOL

   www.aol.com/finance/second-mortgage-does...

   A second mortgage is a home-secured loan taken out while the original, or first, mortgage is still being repaid. Like the first mortgage, the second mortgage uses your property as collateral.

4. How to buy a second home - AOL

   www.aol.com/finance/buy-second-home-180026197.html

   Second home mortgage requirements can be more strict than mortgage requirements for your first home. For example, many lenders require you to put at least 10 percent down on a second home.

5. 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 [4] [5] [6] With regard to the method in which funds are withdrawn, second mortgages can be arranged as home equity loans or home equity lines of credit.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]

6. How to buy land using your home equity - AOL

   www.aol.com/finance/buy-land-using-home-equity...

   Another option is to use a home equity line of credit , another type of second mortgage. Using a HELOC to buy land also means borrowing against the equity in your house, but instead of a lump sum ...

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

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

   New mortgage: “In most cases, prospective second home buyers would be better off taking a mortgage on the property they’re acquiring instead,” says McBride. By taking out a loan that uses ...

8. 15 Things You Must Do Before Buying Your Second Home - AOL

   www.aol.com/15-things-must-buying-second...

   Here are 15 things you must do before buying your second home. ... Evaluate Property Management Options. ... area to grasp how local and state taxes apply to vacation homes. Generally, mortgage ...

9. How second-time homebuyers should approach today’s market - AOL

   www.aol.com/finance/second-time-homebuyers...

   You will likely wind up carrying two mortgage payments for a month or two in this case, which can be pricey — but moving costs money too, and this route saves you from having to move twice (once ...