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  2. Can you use a home equity loan to buy a rental or investment ...

    www.aol.com/finance/home-equity-loan-for...

    Many mortgage lenders offer conventional loans for second homes, vacation properties and investments. Criteria to qualify may be more strict than for a primary property but can vary widely by ...

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

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

    “Some deposit banks or credit unions may not allow the practice, but stand-alone mortgage companies will allow HELOC funds to be used for a second home or an investment property,” says Jay ...

  4. Can you get a home equity loan on investment or rental property?

    www.aol.com/finance/home-equity-loan-investment...

    A rental or investment property home equity loan could come with tax benefits, depending on how you use it. ... Ultimately, a home equity loan is a second mortgage, so you don’t want to ...

  5. 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]

  6. Home equity loan - Wikipedia

    en.wikipedia.org/wiki/Home_equity_loan

    Both are usually referred to as second mortgages, because they are secured against the value of the property, just like a traditional mortgage. Home equity loans and lines of credit are usually, but not always, for a shorter term than first mortgages. Home equity loan can be used as a person's main mortgage in place of a traditional mortgage.

  7. Wraparound mortgage - Wikipedia

    en.wikipedia.org/wiki/Wraparound_mortgage

    When the buyer either sells or refinances the property, all mortgages are paid off in full, with the seller entitled to the difference in the payoff of the wrap and any underlying loan payoffs. Typically, the seller also charges a spread. For example, a seller may have a mortgage at 6% and sell the property at a rate of 8% on a wraparound mortgage.

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