Many of these people have taken on home equity loans in addition to their existing mortgages.

It cost $800,000, and the Rissos assumed the existing mortgage.

The loan could be repaid over 20 years, but they intend to combine it with their existing mortgage.

Thus lower interest rates may provide a good opportunity for home buyers - and anyone considering refinancing an existing mortgage.

The program would also make good on the state's failed promise to pay off some school districts' existing mortgages.

You'd think that adding £6,000 onto their existing mortgage of £36,000 would cost them a packet.

Parents with an existing mortgage are eligible, so long as they still own a large enough chunk of the equity.

The appraiser needs information about the existing mortgage on the building and the number of many unsold units.

It is possible, however, for a homeowner with an existing mortgage to take out additional mortgages on the same property.

The loans can be for terms of 15 or 30 years, and may be used to refinance an existing mortgage.