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What is a Second Charge Mortgage?

A second charge mortgage is a loan secured by your home. Just like your original mortgage, it uses your home as collateral but it falls in second lien position.

What is a Mortgage Deed?

Your mortgage in principal is not your mortgage deed. Many people confuse the two terms and it’s a detrimental mistake.

Can I Get a Mortgage for Land?

Whether or not you can secure a mortgage for land depends on the lender. Land loans are often riskier for lenders because there’s not much collateral for lenders to hold against you.