Does a Second Mortgage Get Paid Off Before a First Mortgage

Does a Second Mortgage Get Paid Off Before a First Mortgage?

By Canadalend1 comments
Does a Second Mortgage Get Paid Off Before a First Mortgage? I’m considering taking out a second mortgage for debt consolidation purposes and was wondering if a second mortgage gets paid off before ...AnswerYou would still have your first mortgage and then your second mortgage would be a separate payment, two separate payments that could have two separate interest rates, no your second mortgage is not necessarily ...

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