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

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

    Lengthy, expensive application. Applying for a second mortgage loan is a lot like applying for the first. It may take a while to get approval, and you’ll incur closing costs, too. Limits on loan ...

  3. Should you apply for a mortgage online? - AOL

    www.aol.com/finance/apply-mortgage-online...

    Applying for a mortgage with an online-only lender could potentially speed up this process — it’s one of the big pros of the digital approach. Don’t rush in, though.

  4. How to refinance when you have a second mortgage - AOL

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

    A second mortgage is simply an additional loan a mortgage-holder takes out, using their home as collateral. The equity you have in your home backs the new loan.

  5. Second mortgage - Wikipedia

    en.wikipedia.org/wiki/Second_mortgage

    The application fee is charged to potential borrowers for processing the second mortgage application. This fee varies between lenders and is typically non-refundable. The origination fee is charged at the lender's discretion and is associated with the costs of processing, underwriting and funding the second mortgage. [ 37 ]

  6. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process.

  7. Mortgage application: What’s included and how to prepare - AOL

    www.aol.com/finance/mortgage-application...

    With many mortgage lenders, you can apply for a mortgage online and complete the process in 45 minutes or less — if you have all of your information ready beforehand. That’s a big if, of course.

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