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If I have first and second mortgages can both loans be included in FHASecure?

April 26, 2017fhasecure included Loans mortgages

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If I have first and second mortgages can both loans be included in FHASecure?

1 Answer

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Yes, but only if the combined amount is within the FHA geographical loan limit. If the combined amount exceeds the FHA loan limit and/or the loan-to value limit, your lender could offer you a second mortgage to make up the difference.