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what is a silent second mortgage

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  1. – That's why partnering with an experienced mortgage loan advisor is. the form of an interest-free, “silent” second mortgage that doesn't need to.

    Silent Second Mortgage Loan Fraud – loans.org – A silent second is a type of second mortgage loan that is part of a home sale transaction without the knowledge of the first lender. The "silent" part refers to the seller and buyer not "speaking" to the first financer about a second mortgage loan.

    explain a reverse mortgage Reverse Mortgage – investopedia.com – It should explain how a reverse mortgage could affect your eligibility for Medicaid and Supplemental Security Income. The counselor should also go over the different ways you can receive the proceeds.

    Silent Second Mortgages – The Mortgage Professor – The term "silent second" is used most frequently to describe self-serving or perhaps fraudulent schemes where house sellers accept second mortgages as part of a sale transaction, without the full knowledge of the first mortgage lender. The "silence" refers to the absence of full disclosure to the first mortgage lender.

    what is the morgage interest rate An Post to enter mortgage market with low interest rates – An Post is to enter the Irish mortgage market next year with interest rates which are substantially lower than those currently available. The move was given the green light by the An Post board at a.

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