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What Does It Take To Secure A Mortgage on A Second Home?

WASHINGTON, D.C. - September 24, 2013 - (RealEstateRama) -- Since the credit collapse of 2008, securing a mortgage – even for a first home – has become more difficult, even for extremely well qualified buyers. The most important thing to consider is whether or not your second home is an investment property or truly a “second home.”

Recent Gov & Nonprofit Real Estate Press Releases

MBA

MISMO Updates Fee Naming Guide

MISMO®, the real estate finance industry's standards organization, today announced that it has added more than 40 new standardized fee names and definitions to its Fee Naming Guide. The additions to the Guide are intended to further standardize the use of names and descriptions for fees used across the mortgage industry, enabling better communication across all parties.