Tuesday 22, May 2012

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What is a Second Mortgage?
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SPONSOR PROMOTION

makin cents with Tony Harris

Proudly bought to you by the Mortgage & Finance Association of Australia.

If you’re paying off a mortgage on your home but need money for other purposes such as a deposit for an investment property, purchasing a new car, renovations or going on a holiday, you might consider taking out a second mortgage. This second mortgage is secured by the equity you have built into your current home or investment property. This is especially true if your property is valued beyond your first loan amount.


  

Watch the "makin' cents with Tony Harris" video (see top right for the video player) for more information.. 

 

Disclaimer: The material on this web site is only to provide you with general information. It does not constitute legal or other advice and your use of the material on this web site does not give rise to any obligation on behalf of the Mortgage & Finance Association of Australia (MFAA), WIN Television or any author of any material on the web site.  Please see our Terms and Conditions for more information.

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