Second Mortgages Serve the Following Purposes

Second mortgages serve the following purposes:

A) they give borrowers a way to use the equity they have in their homes as security for another loan.
B) they allow borrowers to get a tax deduction on loans secured by their primary residence or vacation home.
C) they allow borrowers to convert their conventional mortgages into GEMs.
D) all of the above.
E) only A and B of the above.