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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. 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.

  4. 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.

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 [4] [5] [6] With regard to the method in which funds are withdrawn, second mortgages can be arranged as home equity loans or home equity lines of credit.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

  7. 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. ... consult a tax professional familiar with the area to grasp how local and state taxes apply to vacation homes. Generally, mortgage ...

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