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Difficulties Doing a Home Equity Loan Behind a Negative Amortization Mortgage (Payment Option Loans)
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By Rebecca O’Connor

If you need a home equity loan to refinance debt and currently have a negative amortization loan as your first mortgage, you may find the neg am can hold you hostage. It can be very difficult to get a second mortgage behind neg am loans. In fact, very few home equity lenders will go behind a negative amortization first. It


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This entry was posted on Saturday, September 9th, 2006 at 4:05 am and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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