How long do we have to wait to take out a 2nd - Loan Modification - Free Foreclosure Help

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07-15-2009, 01:56 PM

tonna_lynn_76 tonna_lynn_76 is offline

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Join Date: Jul 2009

Posts: 1

How long do we have to wait to take out a 2nd

mortgage? We are wanting to do debt consolidation. We just made our first house payment. It was a Fannie Mae foreclosure which we purchased thru a loan with the USDA. We paid $58,000 the house appraises for $72,500. How long do we have to wait to get a 2nd mortgage and how much could we get? Any help would be great ...thanks

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