What is the difference between a primary and secondary mortgage?

Related FAQs

What documents do I need to provide to a lender to qualify for a mortgage?
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How much of a down payment do I need for a mortgage?
What are the benefits of a mortgage?
How does my credit score affect the mortgage interest rate I qualify for?
What is a loan-to-value ratio?
Are there any tax incentives for mortgages?
What is a balloon mortgage?
What happens if I don’t make my mortgage payments?

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