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2. How to buy a second home - AOL

   www.aol.com/finance/buy-second-home-180026197.html

   Second home mortgage requirements can be more strict than mortgage requirements for your first home. For example, many lenders require you to put at least 10 percent down on a second home.

3. 15 Things You Must Do Before Buying Your Second Home - AOL

   www.aol.com/15-things-must-buying-second...

   Prepare for requirements like a 20% down payment, credit score of 720 or higher, and reserves to cover 6-12 months of costs. Also assess if it makes sense to take equity out of your current home ...

4. What is a second mortgage, and how does it work? - AOL

   www.aol.com/finance/second-mortgage-does...

   Key takeaways A second mortgage is a home-secured loan taken out while the original, or first, mortgage is still being repaid. Like the first mortgage, the second mortgage uses your property as ...

5. Second mortgage - Wikipedia

   en.wikipedia.org/wiki/Second_mortgage

   Whilst a standalone second mortgage is opened subsequent to the primary loan, those with a piggyback loan structure are originated simultaneously with the primary mortgage. [4] [5] [6] With regard to the method in which funds are withdrawn, second mortgages can be arranged as home equity loans or home equity lines of credit. [7]

6. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   Forgivable loans: A second mortgage you won’t have to pay back so long as you stay in the home for a certain amount of time (the exact period depends on the program) and stay up-to-date with ...

7. Should you buy a second home? - AOL

   www.aol.com/finance/buy-second-home-191849101.html

   A second home can also act as a buy-and-hold investment — real estate does tend to appreciate in value over time — and be a valuable asset to pass on to heirs.