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

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

   Both home equity loans and HELOCs are considered second mortgages, as they are secured by a lien on your home. Are second mortgage rates higher than first mortgage rates?Second mortgage rates are ...

3. How much equity can I borrow from my home? (And why isn ... - AOL

   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 ...

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

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

   Refinancing a second mortgage — like a home equity loan or home equity line of credit (HELOC) — is a popular way for many to get a lower interest rate. Swapping out a second mortgage for ...

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. How to calculate loan payments and costs - AOL

   www.aol.com/finance/calculate-loan-payments...

   Starting loan balance. Monthly payment. Paid toward principal. Paid toward interest. New loan balance. Month 1. $20,000. $387. $287. $100. $19,713. Month 2. $19,713. $387

7. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing arrangement. Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [ 2 ]

8. 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. There ...

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

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

   A secondary mortgage loan is another loan you take out while you are still repaying the original loan. An example would be a home equity loan . Most second mortgages require you to use your home ...