What Does Taking Out a Second Mortgage Mean? | Home Guides ...
Taking out a second mortgage means getting another loan--in addition to your original mortgage--that uses your home as collateral. Because your house is on .
Second Mortgages - Advantages and Disadvantages - How Second ...
When you need money, sometimes a second mortgage is the answer. Second mortgages serve a variety . towards the second mortgage. Definition of Mortgage .
Silent Second Mortgages - The Mortgage Professor
The smaller of the frauds arises when the second mortgage replaces part or all of a . This means that the seller has an unsecured loan until the transaction is .
What is a second mortgage loan or "junior-lien"? - Consumer ...
Mar 22, 2012 . Some second mortgages are open-end (meaning you can continue to take cash out up to the maximum credit amount and, as you pay down .
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What Does Carry a Second Mortgage Mean? | eHow.com
What Does Carry a Second Mortgage Mean?. To carry a second mortgage means that you have used the equity in your home to get another secured loan .