---

REFI ON 2ND PROPERTY

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
carolspence30 Joined: 05 Oct 2010 Posts: 2 1.25 Dollars($)	Posted: Tue Oct 05, 2010 7:30 pm    Post subject: REFI ON 2ND PROPERTY Like 0 Dislike 0 I HAVE A 2ND HOME WITH NO MORTGAGE , WHO CAN HELP ME TAKE 85% OF THE EQUITY FROM MY SECOND HOME.
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Tue Oct 05, 2010 11:06 pm    Post subject: Like 0 Dislike 0 Hi carolspence, If you have a first home and already have a mortgage on it, the lenders won't be ready to give you a home loan for your second property. If you don't have a mortgage on your first property, then you can contact the local lenders and apply for a home loan. Depending upon your credit situation, you may or may not qualify for it. However, you'll have to offer a down payment of 20%. If you don't do so, then you'll have to go for a PMI. Thanks

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0