Is there a way to transfer a second mortgage on one home to another home I want to buy?
Question : Is there a way to transfer a second mortgage on one home to another home I want to buy?
Have a $ 9500 second loan on house and would like to buy another. Need to sell the first one and getting rid of 2nd mortgage could make a big difference in it selling quickly. Any advice other than renting first home?
second home mortgage
Best answer:
Answer by bud68
No. Mortgage loans are secured by, and tied to, the specific property lent on.
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