Can you have two mortgages?







Homeowners can have more than one mortgage. Many homeowners purchase second homes in vacation areas or investment properties near where they live. Some banks offer two mortgages on the same home as well. As long as the homeowner's income can support more than one mortgage, anyone can have more than one mortgage.

Source:

Federal Citizen Information Center: Owning a Second Home or Investment Property







http://www.answerbag.com/q_view/2129113



Write a comment

Comments: 0