Tag Archives: Second

Can you buy a second house with home equity?

Question by Jason: Can you buy a second house with home equity? Can I refinance the current mortgage taking out as much as the home equity and use that money as a down payment for a second house? Best answer: … Continue reading

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Bank of America won’t refinance our house although we have a first and second mortgage with them now.?

Question by SAMUEL P: Bank of America won’t refinance our house although we have a first and second mortgage with them now.? Our property is a unique home, made of steel with a metal roof, finished out normally inside with … Continue reading

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I have a first and second mortgage, can I refinance just the first?

Question by i w: I have a first and second mortgage, can I refinance just the first? I want to keep my HELOC open and just refinance my ARM. Can this be done? Best answer: Answer by TammyShould be able … Continue reading

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I would like to refinance a commercial property and payoff a second mortgage?

Question by carmen p: I would like to refinance a commercial property and payoff a second mortgage? I have a second mortgage on my personal property with a 6.50% I want to refinance a commercial property and pay off that … Continue reading

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Does a Second Mortgage appear on a tax record of a house?

by woodleywonderworks Question by : Does a Second Mortgage appear on a tax record of a house? I’m trying to find out if you can see a second mortgage or refinance on a tax record. Best answer: Answer by Overnightnot … Continue reading

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Should we roll our second home line of equity loan into our first which we are refinancing?

by USDAgov Question by tennis: Should we roll our second home line of equity loan into our first which we are refinancing? We are refinancing our first mortgage. We have a second which is a home equity line of credit … Continue reading

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Could you rent out the house that has second home mortgage?

Question by : Could you rent out the house that has second home mortgage? I want to refinance my previous house because we moved to another state and own another house. The previous house is qualified for second home mortgage … Continue reading

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Q&A: What is the difference between a second mortgage and a refinance?

by stirwise Question by gwizzle2002: What is the difference between a second mortgage and a refinance? I am financing a pool and was told by the lender that a refinance and a second mortgage are the same thing. Is that … Continue reading

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Can a second mortgage be refinanced?

by The Ardvaark Question by Roadfuzzz: Can a second mortgage be refinanced? I have a mortgage and a second mortgage with the same lender. The two of them put together put me upside down on my home, so refinancing both … Continue reading

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Q&A: Refinancing for debt consolidation — second mortgage benefits?

Question by PR-mom: Refinancing for debt consolidation — second mortgage benefits? I’m looking to refinance for debt consolidation. Is it better to refi my first mortgage which is at 5.625% or obtain a second mortgage? Best answer: Answer by theshadow01Depends … Continue reading

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