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

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

    Qualifications for second mortgages vary, but many lenders prefer that you have at least 15 percent to 20 percent equity in your home. You can typically borrow up to 85 percent of your home’s ...

  3. 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 ]

  4. 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.

  5. Are second mortgages about to make a comeback? Freddie ... - AOL

    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.

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

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

    Deferred-payment loans: A no-interest second mortgage you’ll repay when you sell the home, refinance or pay off your first mortgage. Forgivable loans: A second mortgage you won’t have to pay ...

  7. Types of mortgage lenders and how to choose - AOL

    www.aol.com/finance/types-mortgage-lenders...

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