Second Mortgage
A second mortgage typically refers to an additional loan on property that is already mortgaged. Second mortgages are often assumed in order to provide funds for starting a business or other ventures.
Top Questions Asked on ChaCha.com for Second Mortgage
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Can you write the interest off your second mortgage on your taxes?
Generally, you can claim a tax deduction on the interest that...
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What is a good second mortgage calculator?
My favorite loan calculator is located here:http://tinyurl.co...
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What are second mortgage interest rates?
A second mortgage would have an interest rate calculated base...
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Can a second mortgage foreclose on your home, if you don't make that payment?
Yes you can get foreclosured on your second mortgage if you d...
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You will most likely have to pay taxes on income despite a ba...
Recent Second Mortgage Questions
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Can you write the interest off your second mortgage on your taxes?
4 days ago, 4:04pm - Generally, you can claim a tax deduction on the interest that...
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What does it mean to mortgage a house?
Jan 27, 7:44am - To mortgage a house means to basically sell the mortgage back...
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How does refinancing a house work?
Jan 22, 6:24am - Typically home refinancing is done when you have a mortgage o...
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What are economic problems of Europe?
Jan 12, 6:55pm - First, the financial crisis hit the U.S. Second, the fallout ...
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What percentage of a down payment does one put down on a home when they purchase it?
Dec 20 2011, 10:25pm - In order to get the best deal you will need to put 20% down. ...
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What is a 100 second mortgage?
Dec 20 2011, 5:06am - A Second Mortgage is a loan taken against your home on which ...
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Can you refinance a first mortgage when you have a second?
Dec 01 2011, 8:26pm - First and second mortgages both place a lien, or claim on you...
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Nov 24 2011, 12:28pm - You will most likely have to pay taxes on income despite a ba...
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What does it mean when you take out a second mortgage?
Oct 30 2011, 9:55pm - A second mortgage is an additional loan taken against a prope...
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Is it bad if your parents had to take out a second mortgage on the house and what does that mean?
Oct 27 2011, 12:18am - A second mortgage typically refers to a secured loan (or mort...
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What does it mean to take out a second mortgage?
Oct 26 2011, 3:29pm - A second mortgage is taking out a loan that is levied against...
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What is the average monthly mortgage for a 4 bedroom house?
Oct 04 2011, 9:22pm - An average mortgage in Owensboro, KY for a four bedroom home ...
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Sep 29 2011, 10:57pm - A second mortgage is when you borrow money against the equity...
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How long does it take to get pre approved for a mortgage?
Sep 26 2011, 2:13am - Generally a purchase loan takes 4-6 weeks, a refinance 5-8 we...
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Does a VA Loan cover 100% the cost of a house?
Sep 22 2011, 10:25pm - Yes. The VA loan allows veterans 100 per cent financing witho...
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What does a mortgage that is subordinate to a first mortgage mean?
Sep 01 2011, 3:48pm - Subordinate (adj): 2. of less importance; secondary. It means...
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Aug 30 2011, 9:53am - If your home has already been foreclosed on there is no way t...
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If I were to buy a $200000 house in Indiana and were to pay cash how much would you have to pay?
Aug 11 2011, 8:20pm - In order to get the best deal you will need to put 20% down. ...
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Can you take out a loan after you already have one out?
Aug 11 2011, 3:09am - Yes. You can take out a second loan. How hard it is to get wi...
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Who are the two largest commercial mortgage brokers in the US?
Aug 09 2011, 9:52am - Wells Fargo is the largest mortgage lender and Chase comes in...
