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There are many laws regarding second mortgages. For specific laws and regulations you should seek legal advice from a professional. There are many sites that offer free legal advice.

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Related Questions

Where can one find more information regarding home mortgages?

One can find more information regarding home mortgages at certain websites that pertain to home mortgages such as MortgageCentral, AboutMortgages, MoreMortgages and other websites that provide information about home mortgages.


What percentage of Americans have second mortgages on their homes?

It is difficult to determine the percentage of Americans who have second mortgages on their homes as this number is constantly changing. Many Americans have taken out second mortgages.


Are you able to take a reverse mortgage to use equity in the down payment of another home while the present home is on the market?

No. There are strict rules regarding reverse mortgages. You should check out a bridge loan.No. There are strict rules regarding reverse mortgages. You should check out a bridge loan.No. There are strict rules regarding reverse mortgages. You should check out a bridge loan.No. There are strict rules regarding reverse mortgages. You should check out a bridge loan.


Where one can find more informations about mortgages Halifax?

There are many places where one would be able to find information regarding Halifax Mortgages. One would be able to find information regarding this company by visiting their official website.


Who governs mortgages?

Banks and loan companies. The federal government has laws.


Where can one find information regarding bad consolidation credit debt and mortgages?

You can find information regarding bad consolidation credit debt and mortgages at the DebtHelp website. Once on the page, you will have access to expert guides, debt calculators and more.


Where can good advice regarding bad credit mortgages be obtained?

You can find good advice regarding bad credit mortgages from banks and credit unions. Likewise, more impartial resources are available through sites like About among others.


Which banks give second home mortgages?

People that are looking to get a mortgage for a second home don't have to look far. Almost every bank that gives out mortgages can help out in this case.


Where can a second mortgage be obtained?

There are a number of financial businesses that may offer second mortgages, depending on an individual's circumstances. Natwest and Chelsea Building Society are two that offer second mortgages. The Money website can give comparisons on second mortgage rates.


Are second mortgages a good idea for people struggling with finances?

Second mortgages are usually taken out by people who need a little extra money to get by with bills or a little cushion in savings. Its only advised to take out a second mortgage if the money is desperately needed.


Pennsylvania laws on engagment?

There are no laws regarding engagement.


What is the difference between a second mtg and a junior mtg?

A second mortgage is a loan taken out on a property that already has a primary mortgage, allowing the homeowner to access more funds, typically with higher interest rates. A junior mortgage, on the other hand, refers to any mortgage that is subordinate to another mortgage, meaning it has lower priority for repayment in the event of foreclosure. Essentially, all second mortgages are junior mortgages, but not all junior mortgages are necessarily second mortgages, as they can include other types of loans secured by the property.