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We’ve contacted our credit union about taking out a mortgage loan, they told us we’d have to have at least 15% down, which we could afford but we heard about first time home buyer grants to help with down payments. Our realtor owns the house we’re looking at and he told my husband he would contact his bank and see about a second mortgage? What did he mean by this? He will be calling back later but I’m confused!

We will be happy to hear your thoughts on Our real estate agent talking about taking second mortgage?

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