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2nd Lien Mortgages Explained.Reasons For Separate Funding

2nd Lien Mortgages Explained.Reasons For Separate Funding Separate Financing means using two mortgages to get or refinance a home so your total quantity financed is “split” up into two loans. a second lien is a home loan that exists behind a primary lien mortgage and it is typically utilized to prevent home loan insurance coverage (MI) and/or Jumbo funding. Separate…