Tag Archives : mortgager

2nd Mortgage and Homeowners

2nd Mortgage and Homeowners

Posted by on August 7, 2011 · 0 Comment

Second mortgage loans are the last option to get rid of lenders. In simple words the first mortgager get his money from second mortgager and second mortgager makes an agreement with the borrower. There are many pre requisites and requirements which a borrower has to fulfill for this purpose. A person should fully understand the drawbacks of 2nd mortgage before applying for loan.

Filed in: Mortgage
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