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Posts by Andrew Thompson

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Mortgage rates and advice in Banking, Insurance & Loans ·
thanks everyone, I'm planning on sticking with the same Bank of America, so hopefully it won't be too much of a headache.
Mortgage rates and advice in Banking, Insurance & Loans ·
Hey,

Does anyone know if banks actually allow a second mortgage on a house?

Say the first mortgage was taken out during construction for $100,000, but now the property value has shot up to around $350,000.

Is it possible to grab another mortgage for a different loan?