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2. Second mortgage - Wikipedia

   en.wikipedia.org/wiki/Second_mortgage

   Second mortgages, commonly referred to as junior liens, are loans secured by a property in addition to the primary mortgage. [ 1 ] [ 2 ] Depending on the time at which the second mortgage is originated, the loan can be structured as either a standalone second mortgage or piggyback second mortgage. [ 3 ]

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

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

   A second mortgage works a lot like a first mortgage — in the opening stages, anyway. To obtain a second mortgage, you typically need to do the same things you did to qualify for a primary mortgage.

4. How much equity can I borrow from my home? (And why isn’t it ...

   www.aol.com/finance/much-equity-borrow-home-why...

   Home equity loans: Also known as a “second mortgage,” home equity loans take out your home equity and create a second lien on your home. After the loan closes, you’re given the loan in a ...

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

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

   The lender sells the loan to a mortgage aggregator — often Fannie Mae or Freddie Mac, who buy two-thirds of the mortgages in the U.S. The lender gets cash for selling the mortgage note, allowing ...

6. Are second mortgages about to make a comeback? Freddie Mac ...

   www.aol.com/finance/second-mortgages-comeback...

   Second mortgages, which allow homeowners to tap their home equity for loans, have fallen in popularity. Scars from the 2008 financial crisis left both lenders and borrowers cautious.

7. How to refinance when you have a second mortgage - AOL

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

   The second mortgage lender, if they want to go along, typically charges a few hundred dollars to review the package, and approval can take up to six weeks. Options when resubordination is denied.