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Can I use my current owned home as collateral on new home mortgage loan?
asked by transpyre13 - 2 Answers
My wife and I live in a home legally donated to us by family. We have ownership. Can we use this home as collateral for a mortgage loan on another home in another state? If so, how does that work?
Don't see why not. Each state has different rules and regulations regarding this particular matter. ... See all 2 answers