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08-30-2012, 02:20 PM
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#6 |
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Senior Member
Join Date: Oct 2004
Location: Laconia NH
Posts: 5,571
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20% down
was standard and it is now.
During the RE boom before 2008, i remember banks will allow you to purchase a primary mortgage for a second home if you made the intent that you are going to sell your current home. I knew a number of folks that have two homes with seperate primary mortgage. I bet that created a mess.
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