Your lien or mortgage position (1st, 2nd, 3rd, etc.) as a lender or loan provider is important as to who gets priority should a default occur. So normally people can get a second mortgage with very...
From US Statistical Abstract, table 961 http://www.census.gov/compendia/statab/cats/construction_housing/homeownership_and_housing_costs.html 74,931,000 housing units in the US in 2005 48,394,000 had...