Buying a second home to be a primary residence (private mortgage ...
Jul 28, 2009 . Buying a second home to be a primary residence (private mortgage . can qualify based on 2 mortgage payments, you should be able to buy a .
http://www.city-data.com/forum/mortgages/717577-buying-second-home-primary-residence-private.html

MORTGAGES - Rethinking Vacation Homes - NYTimes.com
Jan 7, 2010 . Because loan requirements were in such flux last year, many lenders opted not to take a chance on second-home mortgages, fearful of being .
http://www.nytimes.com/2010/01/10/realestate/10mort.html

Mortgage | Vacation & Second Home Mortgage | Learn the Basics ...
Buying a second home or vacation home? Wells Fargo can help you make an informed decision when selecting a second home mortgage.
https://www.wellsfargo.com/mortgage/buying-a-house/buying-a-vacation-home/

Is it a Primary Residence, a Second Home or ... - The Mortgage Porter
Apr 23, 2008 . It's generally a little tougher to qualify for a second home--borrowers are often qualifying with mortgage payments on two properties: their .
http://www.mortgageporter.com/2008/04/is-it-a-second.html

Buying a Second Home
More than ever, people are rushing out and buying a second home along coastal . "tests" also apply to recreational vehicles that may also qualify as second homes. . In addition, if the total of all your mortgages (second home and primary .
http://www.money-zine.com/Financial-Planning/Buying-a-Home/Buying-a-Second-Home/

More Stringent Requirements for Second Mortgages
Second mortgage rates are dropping, but lenders are tightening up the qualification requirements for home equity loans and lines of credit.
http://www.mortgageloan.com/more-stringent-requirements-for-second-mortgages-1577

Tips on Qualifying to Buy a Second Home
Apr 26, 2011 . How do You Qualify to Buy a Second Home - Is Good Credit Enough? . on your current home mortgage, and the perfect second home may not .
http://www.brighthub.com/money/home-buying/articles/97300.aspx

Mortgage Qualification Calculators - Home Buying and Selling ...
Bankrate.com offers this mortgage calculator specifically for second home buyers . . A pre-qualification mortgage calculator to help you estimate the amount of a .
http://homebuying.about.com/od/mortgagequalification/

Second Home Mortgage Requirements | eHow.com
Lenders will offer mortgages on these and other types of properties if you meet their requirements. Be aware that their standards for second home mortgages will .
http://www.ehow.com/about_5125022_second-home-mortgage-requirements.html

Do You Qualify? - The Mortgage Professor
Step 2: Do You Qualify? About This Tool · Return to Step 1: Select Your Path. Since the financial crisis, qualifying for a mortgage has become increasingly .
http://www.mtgprofessor.com/ext/partners/qualification.aspx

SunTrust Mortgage, Inc. - Second Home
An investment property is any 1-4 unit residential dwelling which is neither a principal residence nor a qualified second home. Whether or not the property is .
http://www.suntrustmortgage.com/secondhomefaq.asp?stmleftnav=1.1

Lenders Are Tougher On Second Home Loan Applications ...
Mortgage lenders make no bones about it: They are tougher on second-home loan applications than on primary-home loans. Why? Because the finances of a .
http://loan.yahoo.com/m/second1.html

Qualifications for second home mortgage (not rental)? - Zillow ...
Dec 26, 2010 . I currently own a home that I am considering renting to a family member. I would like to purchase another home that is only about 10 miles from .
http://www.zillow.com/advice-thread/Qualifications-for-second-home-mortgage-not-rental/378624/

Qualification Guidelines for Securing a Mortgage | Home Guides ...
Depending on the loan program, a borrower may have to prove she has savings equal to a number of mortgage payments. Typically, this is for second homes .
http://homeguides.sfgate.com/qualification-guidelines-securing-mortgage-7720.html

Reverse Mortgage FAQ's | What is a Reverse Mortgage?
Can I get a reverse mortgage on a second home or resort property? Would a . You qualify based on the value of the home (less any real estate liens), age of the .
http://www.mandtreversemortgage.com/page/17/FAQs.aspx

Buy a House: Buy a Vacation Home - Quicken Loans
Ready to buy your vacation home? Purchasing a home with our free pre- approval letter combined with today's low rates makes owning a second home more .
http://www.quickenloans.com/home-buying/second-home-mortgage

Qualifications for a Second Mortgage | eHow.com
Qualifications for a Second Mortgage. You need money. It might be for a trip, home improvements or something else. So you look to your house as a ready .
http://www.ehow.com/about_5055422_qualifications-second-mortgage.html

Second-Home Owner Asks: Can I Deduct Mortgage Interest? - WSJ ...
Mar 24, 2006 . However, under IRS Service Code Section 163, the mortgage interest on your second home is deductible as long as the loans you've taken out .
http://online.wsj.com/article/SB121337913737272433.html

Publication 936 (2011), Home Mortgage Interest Deduction
For you to take a home mortgage interest deduction, your debt must be secured by a qualified home. This means your main home or your second home. A home .
http://www.irs.gov/publications/p936/ar02.html

Considerations When Buying a Vacation Home at Bank of America
Buying a vacation home may be something you've had in mind for years. . that the standards for qualifying for a second mortgage are higher than those for your . you qualify for, which in turn, can influence the vacation home you can afford.
https://www8.bankofamerica.com/home-loans/learning-center/home-buying/vacation-home.go

More of Ebony’s work for Vogue Living

Right of Rescission | The Truth About Mortgage.com
If a homeowner decides to refinance their mortgage, once closing loan . Additionally, vacation/second homes and investment properties do not have a .
http://www.thetruthaboutmortgage.com/right-of-rescission/

The Difficulty for Approval for a Second Home Mortgage - Budgeting ...
Taking on a second home mortgage for extra cash to pay bills or applying for a new mortgage to buy a vacation home means opening up your personal finances .
http://budgeting.thenest.com/difficulty-approval-second-home-mortgage-20177.html

Ebony’s round-up of Tokyo Design week in the current Jan/Feb issue of Vogue Living (I actually posted the second page of this story recently types of banking products and services).

And the worst?

Buying a Second Home CA (second mortgage, Orange County, buy, work ...
May 15, 2012 . I was able to qualify for a second home mortgage (I qualified based on carrying two mortgages). However, it seems there is a minimum distance .
http://www.city-data.com/forum/mortgages/1575846-buying-second-home-ca-second-mortgage.html

Second home mortgage vs. investment property mortgage? - Yahoo ...
Would that situation qualify for a second home mortgage? Or would any rental income at all mean we'd need an investment mortgage? 3 years .
http://answers.yahoo.com/question/index?qid=20100226165808AAzL0kY

Second Mortgage Qualification - Credit and Terms
Our lending team will help homeowners qualify for loan approvals for second mortgages, lines of credit, fixed home equity loans, refinance and piggy-back home .
http://www.bdnationwidemortgage.com/second-mortgage-qualification.html

getting a second mortgage with a high debt to inco... - Redfin ...
May 31, 2011 . We would like to buy a second home and rent out the first one after moving into . Is there any hope for us to qualify for that second mortgage?
http://forums.redfin.com/t5/Mortgages/getting-a-second-mortgage-with-a-high-debt-to-income-ratio/td-p/205500

Look for a Second Mortgage in our Mortgage Library at Mortgage 101
100s of mortgage refinancing and home loan information. . How to Qualify for Mortgage Modification · How to Refinance 80/20 Loans · Mortgage Modificiation .
http://www.mortgage101.com/mortgage-library/37

How To Finance a Second Home: Tricky, Little Complicated, But Not ...
Oct 3, 2011 . This may be a great time to BUY a second home, but are banks, who make it . to consult broker extraordinaire Marcus McCue of Guardian Mortgage. . and do not qualify for the same tax benefits as an owner-occupied home.
http://www.secondshelters.com/2011/10/03/hard-finance-home/

Buying a Second Home? Not So Fast - MainStreet
Oct 4, 2011 . For the homeowner thinking of buying a second home, conditions . “That means that rental income cannot help you qualify for the mortgage .
http://www.mainstreet.com/article/real-estate/buying/buying-second-home-not-so-fast

Still frames from Ebony’s Kawaii Pop video of 2008

Second Home and Investment Home Load ... - Comstock Mortgage
Comstock Mortgage provides quality service for second homes, vacation . because this is considered “another” primary home of yours, you must qualify for this .
http://www.comstockmortgage.com/second-home-investment

Right of Rescission | The Truth About Mortgage.com
If a homeowner decides to refinance their mortgage, once closing loan . Additionally, vacation/second homes and investment properties do not have a .
http://www.thetruthaboutmortgage.com/right-of-rescission/


Flyers for the 2008 Kawaii Pop show

InternetMortgage.com-New Purchase-Second Home Loan Mortgage
Pre-qualify for your second home loan! Mortgage rate calculators can give you loan estimates, but our loan consultants can provide a personalized quote that fits .
http://internetmortgage.com/NewPurchase/Index.asp?IdS=000742-3060950&x=020%7C040&~=

Tax - Owning a Second Home - H&R Block - H&R Block®
Get information on owning a second home from H&R Block. . For example, an RV can qualify as a second home. . If you take out a mortgage to buy, construct or substantially improve a second home, you can deduct the interest if you itemize .
http://www.hrblock.com/taxes/tax_tips/tax_planning/second_home.html?ttiptitle=Second%20Home

Pre-Qualification vs Pre-Approval | The Truth About Mortgage.com
When you initially set out to purchase a new home, the real estate agent(s) . If you choose to finance the home purchase with a mortgage, you'll need to get pre- qualified first. . Zillow released the second edition of its new Zillow Negative .
http://www.thetruthaboutmortgage.com/pre-qualification-vs-pre-approval/

How to Buy a Boat & Deduct the Interest
Qualified residences are defined as a principal residence (e.g., a primary home) and . Second home mortgage interest deduction is limited to interest paid on .
http://www.discoverboating.com/buying/financing/taxdeduct.aspx

Financing a second home in Sullivan County New York
About Mortgages, Particularly for Second Home Buyers . need a monthly income of $12,500 ($4,000 / .32) to qualify for a mortgage on your second home if the .
http://www.catskill4sale.com/mortgage.asp


2nd Home Loans
Lenders are well aware of this economic reality which is why the qualifications for a second home mortgage are stricter than those for a primary residence.
http://www.christianet.com/homeequityloans/2ndhomeloans.htm

How hard is it to purchase a second home (coop or condo) if I plan ...
Jan 3, 2012 . How hard is it to purchase a second home (coop or condo) if I plan on . In order to determine mortgage qualification and for an accurate .
http://www.trulia.com/voices/Home_Buying/How_hard_is_it_to_purchase_a_second_home_coop_or_-343029

Spreads from Ebony’s inspiration scrapbooks

Second Mortgages
+Mortgage Application; +Mortgage Qualification; +Your Borrowing Limits . A second mortgage is quite simply a loan taken after the first mortgage. . take out a second mortgage, such as consolidating debts or financing home improvements.
http://www.mortgagecalculator.org/helpful-advice/second-mortgage.php

Is the Interest on Your RV Loan Tax Deductible
There are stipulations: there are certain essential amenities that your motorhome must be equipped with in order to qualify as a second home mortgage. In order .
http://www.lowrvfinancing.com/articles/rv-tax-deductible.html

VA Home Loan Rates ~ Guidelines, Eligibility ... - Mortgage Calculator
Install our mortgage rates widget on your website for free in less than a minute! . If you are qualified to take out a VA home loan, you should seriously consider .
http://www.mortgagecalculator.org/mortgage-rates/va.php

Buying a home for your parents - MSN Real Estate
Note that it may be a little harder to qualify for a mortgage on a second home because the bank considers the weight of two mortgage payments with no .
http://realestate.msn.com/article.aspx?cp-documentid=21438479

How to Qualify for a Second Mortgage | eHow.com
How to Qualify for a Second Mortgage. Qualifying for a second mortgage . for a first mortgage. Second mortgages are sometimes know as "equity loans," "home.. .
http://www.ehow.com/how_4613826_qualify-second-mortgage.html

Second-Home Owner Asks: Can I Deduct Mortgage Interest? - WSJ ...
Mar 24, 2006 . However, under IRS Service Code Section 163, the mortgage interest on your second home is deductible as long as the loans you've taken out .
http://online.wsj.com/article/SB121337913737272433.html

Refinancing a Second Home in Today's Mortgage Market
May 3, 2010 . If you qualified for a mortgage refinance on your primary home in the last year or so, chances are you can refinance your second home as well.
http://library.hsh.com/articles/refinancing/refinancing-a-second-home-in-todays-mortgage-market.html

Texas Second Mortgage Home Loans - TexasLending.com
For home purchases second liens are great idea for the following: Avoid or limit your down payment; Avoid Private Mortgage Insurance (PMI); Qualify for a better .
http://www.texaslending.com/second-mortgages.htm

How To Afford A Second Home
Jun 17, 2011 . To qualify for a conventional loan on a second home, you will . on a vacation home loan than the mortgage on their principal residence.
http://www.investopedia.com/financial-edge/0611/how-to-afford-a-second-home.aspx

Ask The Expert How To Pre-Qualify For 2nd & Vacation Homes
In this interview, he details how to pre-qualify for a second mortgage. . the first factor a consumer should consider before deciding to purchase a second home?
http://www.insiderreports.com/storypage.asp?StoryID=20010953

7 Easy Steps to Buying Your Second Home
Now, you should have all the up-front cash you need to afford your Santa Cruz second home. The next step is to get pre-qualified by a mortgage lender so you .
http://cjdeheer.com/7-steps-to-buying-second-home.php

Financing Your Vacation Home
Oct 5, 2005 . One of the reasons it is often difficult to qualify for a mortgage for a second home is the fact that the lender takes into consideration not only your .
http://www.googobits.com/articles/2892-financing-your-vacation-home.html

Second Mortgage Loan Qualifications | What You Need
Many applicants want to know what it takes to qualify for a second mortgage or home equity line of credit, so we decided to outline it here for your convenience.
http://www.secondmortgageoutlet.com/Second-Mortgage-Loan-Qualifications.html

Sydney Questions –

Taxes from A to Z: V Is For Vacation Home - Forbes
Mar 26, 2012 . For tax purposes, you can deduct “qualified residence interest” on a mortgage secured by a second home – that may also include points.
http://www.forbes.com/sites/kellyphillipserb/2012/03/26/taxes-from-a-to-z-v-is-for-vacation-home/

Buy Second Home Before Retiring? | Bankrate.com
"Second-home financing means that you will need to qualify to pay the mortgage on both your current home and your second home," Cunningham says. "If you .
http://www.bankrate.com/finance/real-estate/buy-second-home-before-retiring-1.aspx

Home Mortgage Interest Deduction - Claiming Mortgage Interest as ...
The mortgage must be secured by a "qualified home" in order for the interest to be tax-deductible. A qualified home is your main home or your second home.
http://taxes.about.com/od/deductionscredits/a/MortgageDeduct.htm

Home Affordable Modification Program
If you are not unemployed, but you're still struggling to make your mortgage payments, you may be eligible for the Home Affordable Modification Program .
http://www.makinghomeaffordable.gov/programs/lower-payments/Pages/hamp.aspx

Help for Homeowners | Loan Modification Programs | GMAC Mortgage
Before you apply for a Homeowner Assistance Program, see if you qualify for a traditional . Note: Mortgages on second homes, vacant homes, and investment .
https://www.gmacmortgage.com/finform/hhstart.htm

Buying a New Home When You Haven't Sold the Old One
Buying a new home when your old home is for sale--this can be done, but there are . buy the new home with an 80% first mortgage and a 20% second mortgage , . will not be able to use the rental income to help you qualify for your purchase.
http://library.hsh.com/articles/homeowners-repeat-buyers/buying-a-new-home-when-you-havent-sold-the-old-one

Finding the Right Program - Making Home Affordable
Aug 13, 2012 . You will need to contact your mortgage servicer for a final determination of your eligibility. . Do you have a second mortgage on your home? . you may qualify to have your second mortgage on the same home reduced or .
http://www.makinghomeaffordable.gov/modification_eligibility.html

Second Home Mortgage Insurance Program - Genworth Canada ...
Provides mortgage insurance up to 95 percent LTV to qualified homebuyers allowing second mortgages to be registered against the property.
http://www.genworth.ca/content/genworth/ca/en/products/product_overviews/second_mortgage_insurance.html

How to Qualify for a Second Home Loan | eHow.com
Lenders are more cautious with second home... . How to Qualify for a Second Mortgage; How to Make a Home Affordable by Applying for a Second Mortgage .
http://www.ehow.com/how_6727680_qualify-second-home-loan.html

Second Mortgage Limits | eHow.com
Most second mortgage limits are a function of the fair market value (FMV) of the home . If the home has a $125,000 first mortgage, the lender can approve up to . her gross monthly income, the DTI must satisfy the lender's qualification policy.
http://www.ehow.com/info_7816874_second-mortgage-limits.html

How to Take Out a Second Home Mortgage | eHow.com
How to Take Out a Second Home Mortgage. A 2nd mortgage is easy to get with proper qualifications. Second mortgage rates are often higher than the initial .
http://www.ehow.com/how_4522123_out-second-home-mortgage.html

18-21 February
Ivan Dougherty Gallery

I Would Like to Buy a Second Home for Retirement. How Much ...
The second loan will be the mortgage balance on your second home. . think that you won't qualify for a mortgage if your ratios don't conform to these numbers.
http://askthemoneycoach.com/2010/02/i-would-like-to-buy-a-second-home-for-retirement-in-5-years-how-much-house-can-i-afford-what-should-my-down-payment-be-and-how-can-i-use-the-equity-in-my-first-home-to-possibly-pay-cash-for-the-seco/

Opening Wednesday 18th Feb

Do you qualify for Obama refi plan?
Second-home and investment properties may be eligible. . The new first mortgage cannot exceed 125 percent of the current market value of the property.
http://www.bankrate.com/finance/mortgages/do-you-qualify-for-refi-plan-1.aspx

Gallery opening hours

4 Common Second Mortgage Financing Problems
The process of purchasing a second home is not like the typical process that . for a first mortgage, believe that they can qualify for a second one when, in reality, .
http://www.mortgage101.com/article/common-second-mortgage-financing-problems


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