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How long do you have to wait to take out a second mortgage?

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asked Jan 25, 2018 in Real Estate - Renting by Vallorz (250 points)
How long do you have to wait to take out a second mortgage?

After taking out a mortgage on one home how long do you have to wait before applying for and taking out a second mortgage on a second home?

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answered Jan 30, 2018 by Jasire (26,200 points)
As long as you qualify for the second mortgage and have the down payment for the second mortgage and a good credit score you should be able to take out the second mortgage right after you take out your current mortgage.

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