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2. Should you buy a second home? - AOL

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

   Key takeaways. Demand for mortgages for second homes is currently the lowest it's been in several years. When considering buying a second home, it's important to consider the full financial impact ...

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

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

   Example of the secondary mortgage market. Imagine you take out a mortgage to purchase a new home. The lender gives you the funds to purchase the property, and you agree to pay the money back over ...

6. Home mortgage interest deduction - Wikipedia

   en.wikipedia.org/wiki/Home_mortgage_interest...

   A home mortgage interest deduction allows taxpayers who own their homes to reduce their taxable income [1] by the amount of interest paid on the loan which is secured by their principal residence (or, sometimes, a second home). The mortgage deduction makes home purchases more attractive, but contributes to higher house prices. [2] [3]

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. Cash-out refinance explained: How it works — and when it can ...

   www.aol.com/finance/what-is-cash-out-refinance...

   A home equity loan is a type of second mortgage on your home, while a cash-out refinance replaces your existing mortgage with a new, larger loan. A home equity loan adds another payment alongside ...

9. 15 Things You Must Do Before Buying Your Second Home - AOL

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

   Purchasing a vacation home or secondary residence often seems like a dream come true. But before getting carried away in fantasyland, prudent buyers must do the legwork. Doing so helps ensure your...