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A second mortgage allows one to finance their home more then once in order to borrow money that needs to be paid back with interest. To get a second mortgage a person could go to their local bank and speak with a financial advisor and see if one qualifies.

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12y ago

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How can one obtain a second loan mortgage in the UK?

One can obtain a second loan mortgage by proving to a bank that they are able to pay the monthly rates even if they have a second mortgage. Lloyds, Barclays and the Royal Bank of Scotland accept second loan mortgages.


Where should one go for a mortgage loan?

One should go to a mortgage broker in order to obtain a mortgage loan. In addition, some mortgage brokers may also deal with other specialized types of loans.


How can one obtain a no interest mortgage loan?

You may be able to obtain a no interest mortgage loan by visiting the Federal Housing Finance Agency website. The FHFA have been thinking about offering no interest only mortgage plans, which currently no company does.


Can a Veteran obtain a VA Mortgage Loan to purchase a condo on the ocean with 1/3rd down payment?

Can a Veteran obtain a VA Mortgage Loan to purchase a condo on the ocean with one-third down payment?


How can one obtain FHA mortgage loans?

There are many places one might go to obtain an FHA mortgage loan. The most reputable place one might go would be at one's local financial institution.


What are the names of two services one might use to obtain a money loan?

One service one might use to obtain a money loan is to take out a second mortgage on ones home. Another service one might use to obtain a money loan is through a personal loan through ones bank.


Where can one get a free home loan mortgage quote?

There are many online websites where you can obtain a free quote for home loan mortgage. Some of those websites include Wells Fargo, Zillow, and Realtor.


How does one obtain a mortgage loan calculator?

A mortgage loan calculator can be found at many financial firms' who offer loans can be found for free. Check your local bank's website to see if they offer a loan calculator. If not, visit one of the national banks' websites as they all offer loan calculators on their sites.


Where can one get a loan for a first and second refinance mortgage?

One can get a loan for a 1st and 2nd refinance mortgage from several places. These places include Bank Rate, Wells Fargo, Lending Tree, and Bank of America.


How can one get approved for a 2nd mortgage loan?

If one were interested in getting approved for a second mortgage loan they would need to have assets, a good credit rating and a consistent income. Some banks may require more.


Where can one apply for a consolidation mortgage loan?

One can apply for a consolidation mortgage loan through the following websites: Quicken Loans, Chase Mortgage, and American Equity Mortgage. All three of these companies will help one with a consolidation mortgage loan.


How can one obtain financial freedom through a reverse mortgage?

A reverse mortgage is simply a loan on the house that the homeowner has to pay back once they leave the home. There really is no way to obtain financial freedom from one being that the person has to pay it back.