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Can you have to mortgages?

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September 05 2013 - US
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Answers (3)

Yes it is possible to have two mortgages. Lenders like myself have given out mortgages to people who already have mortgages. Usually, a second home loan, especially for a second property, is a little bit harder to obtain. They usually require more income and good credit from the borrower. Also, interest rates and down payments can be higher for the second mortgage. These are all factors you should keep in mind when it comes to getting another mortgage.

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Good Luck!
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September 06 2013
Two houses two mortgages, yes.

Two on one house, yes


Infact you can bundle many mortgages and have them on many properties, some investors that own a lot of homes will do this.  If you specifically want to know about what you can do, there are a lot of very good lenders here that can advise you, but they will most likely need you to elaborate on your question so that they know what your intentions are.
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September 05 2013
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Two?    Yes, if you have the income to support two mortgages.
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September 05 2013
 
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