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🤔 What is a Second Mortgage and How Does it Work? Let's Find Out!
🤔 What is a Second Mortgage and How Does it Work? A second mortgage is an additional mortgage taken out on a home that already has a mortgage. It’s called a second mortgage based on the fact the mortgage was taken out second on the same property (i.e. a subsequent mortgage taken out after that would be known as a third mortgage). 🤔 ...
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