Share post
Share
Debt Consolidation Forums Getting a loan or mortgage and avoid foreclosure forums

How many mortgages can I take out on a home?

Date: Wed, 05/15/2019 22:50
member profile picture
Posts: 1
Credits: 0
[Donate]

I have heard about first, second, and third mortgages. My question is how many mortgages can I take out on my home?




You can take as many as 10 mortgages against multiple properties. You have to use a few strategies for that. Some banks and credit unions offer portfolio mortgages that are not sold to Fannie and Freddie. The lender sets the limit. Plus, there are commercial mortgages also. You can try out all the options.

Sub: #1 posted on Fri, 05/17/2019 - 00:17

Nick Jonas Nick Jonas

(Posts: 423 | Credits: )

I agree with Nick. as per Fannie Mae guidelines, you may take out 10 mortgages max against multiple properties.

Sub: #2 posted on Mon, 05/20/2019 - 00:17

Barbara Delinsky Barbara Delinsky

(Posts: 432 | Credits: )

Attachment
More information
  • Files must be less than 500 MB.
  • Allowed file types: txt pdf jpg jpeg png.


DebtConsolidationCare (IAPDA member)
Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2018 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.630 seconds.