| canada credit equity home line balance is zero. A second mortgage is a secured loan (or mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. In real estate, a property can have multiple loans against it. The loan which is registered with county or city canada credit equity home line first is called the first mortgage. The loan registered second is called the second mortgage. A property can have a third or even fourth mortgage, but |
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