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Good morning Debra,

Thanks for the feedback. Couple questions however.

The rate notwithstanding why would a second mortgage be better? Lower overall cost for the loan? Wouldn't the repayment period typically be much shorter than a typical refinance for 30 years? If a sale of the home were to take place in 5-8 years would that alter the scenario greatly in your mind?

You mentioned that "If AMT ever becomes an issue, the different treatment will be easier to handle". What do you mean?

Thanks again!
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