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Mortgage and Home Equity Loan |
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Can a mortgage and an equity loan be consolidated into one fixed mortgage? |
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The answer depends on the amounts involved. You could certainly take out one new loan and use the money to pay off the two you have right now -- but that's only if you have enough equity in your property so that you can get a loan for the larger amount you 'd need. And of course if you have a good credit record. |
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Edith
Originally published on December 31, 2008 |
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