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HOW LONG DO I NEED TO OWN MY HOME BEFORE I CAN APPLY FOR A SECOND MORTGAGE?

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saxon_t06 Joined: 23 Oct 2009 Posts: 1 1.23 Dollars($)	Posted: Fri Oct 23, 2009 4:00 pm    Post subject: HOW LONG DO I NEED TO OWN MY HOME BEFORE I CAN APPLY FOR A S Like 0 Dislike 0 MAKE FIRST MORTGAGE PAYMENT ON HOME NOV. 1, 2009.
jameshogg Joined: 20 Dec 2005 Posts: 10148 Location: Nevada 941.94 Dollars($)	Posted: Fri Oct 23, 2009 8:06 pm    Post subject: Like 0 Dislike 0 Hi saxon, You can take a second mortgage once you have some equity in the property. You may have to wait for at least 8-10 months to build some equity in the property. Once you do that, you can apply for a second mortgage. Thanks

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