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May 04, 2006
Refinance or Second Mortgage? Combining 1st & 2nd Mortgages
Combining first and second mortgages into one loan can be challenging, but sometimes it makes sense financially as well as being practical. In my borrower's case, the best option was to leave his first mortgage alone, and simply refinance his 125% home equity loan with a 95 or 100% second mortgage to lower his monthly
From Refinance or Second Mortgage? Combining 1st & 2nd Mortgages
Posted by Russell at May 4, 2006 09:23 AM
