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State Securities mortgage and finance
State Securities mortgage and finance
State Securities mortgage and finance
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Second mortgage


A second mortgage is when a person uses an existing asset (usually a house) as security to take out another loan. Interest rates for the second mortgage are generally higher than that of the first mortgage.

People who take out a second mortgage usually do so to purchase property.

State Securities can help you decide whether this is the correct option for you, and then help with the paperwork needed to take out this type of loan.
     
   
 
   
 
Last modified 14-07-2004 © State Securities