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As a lender - refi or 2nd mortgage?

As a lender - refi or 2nd mortgage?

I hold a mortgage and the mortgagee wants more money to improve the property (which is in FL). Is it better to provide a refinance of the 1st mortgage or provide a 2nd mortgage?


Anonymous's picture
Anonymous (not verified)
11-01-2016

1 Answers
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Depends on your choice.

Caron | Asked on 2016-01-12

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