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November 24, 2015
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Second Mortgage Loans
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Second Mortgage Loans

MortgagePIG home loans is a great resource for all your Home Loans. We can provide you with information on how to get the best rates and find the best program for you. If you have not already done so, you can fill out the form above and recieve additional information regarding your home loan, including rates and what your monthly payment would be from premium lenders around the country.

Real Estate and Home Loan News

Mortgage Broker Store Now Provides Second Mortgages on Toronto Condos
Digital Journal
Equity-based loans can make qualifying for a second mortgage easier for those in certain situations. Self-employed individuals, for example, typically have a harder time qualifying for loans from traditional financial institutions. Likewise, those who ...

How to Dump Your Private Mortgage Insurance
One way to avoid PMI is to take out what's sometimes called a piggyback loan or an 80-10-10. In this scenario, you'd take out a mortgage for 80% of the value (so it doesn't require PMI), make a 10% down payment and take out a second loan for the ...

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Online platform the future for second mortgages?
Mortgage Broker News
“Brokers have a three to five minute application process, consisting mostly of drop down menus and are given an immediate quote. As a lender, I get instant and consistent loan underwriting, and portfolio management tools. As a result the borrower gets ...

CanIndia News

It's official, mortgage fraud is thriving in Canada's sizzling real estate market
CanIndia News
Second mortgages were on offer and the problem seemed serious and widespread enough for the Financial Services Commissioner of Ontario (FSCO) to issue a warning about this practice. Not only were these lenders not authorized to be in business, they ...

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Pacific Business News (Honolulu)

Home mortgage amounts in Hawaii higher than the national average
Pacific Business News (Honolulu)
The average primary mortgage loan amount in Hawaii was $424,120 last year compared to a nationwide average of $233,060 for a first lien on a property, according to statistics provided to PBN. The subordinated loan amount, or a second mortgage, was also ...

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