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Answer 4 out of 8
 
A:

There are few pieces missing that will prevent a complete answer. Is this a second home that you are purchasing? do you already own the home? If you do you can always refinance and wrap the second lien loan into the new loan. You could get a HELOC and do the same, but if you own your current home outright but want to be free and clear on the new property- then contact the bank- and let them know your situation- they hold the cards and if you have a lower LTV on your new property then they would likely be willing to play ball. 

 

This article might help you out as well;

 

http://www.bankapedia.com/mortgage-encyclopedia/residential-mortgage-terms/111-cash-out-refinance

 
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