offers several home equity loans and lines of credit options. These are common ways homeowners are able to fund projects such as home improvements, large purchases, paying off.
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Can I get a second mortgage on an investment property? Yes, it is possible to get a traditional second mortgage or a home equity line of credit on a property that is non-owner occupied. Most lenders will require that you maintain at least 20% equity in the property (after closing on the second mortgage), and there may be a loan maximum which is lower than that of owner occupied loans.