I have my first mortgage with one company... can I get a second with the same company?

Are you talking about a 2nd mortgage on the same property? That depends on that lender, whether they offer that option. If you are asking whether that lender will make another mortgage to you on a different property, the answer normally is likely yes - as long as you qualify. Each is a separate approval.

Second mortgage or a new first mortgage for another property?

Assuming they offer them, and you and the property qualify - sure. But often times this is not the best option. You can usually get a better deal with a different lender.

If your talking about taking a 2nd lien position mortgage against a property you already have a 1st on, then possibly.. not every lender does 2nd mortgages.. if your talking about getting a 1st mortgage on another property while still leaving your existing mortgage in place, then probably.. most lenders will allow you to have up to 4 mortgages with them so long as you do not have more than 10 financed properties.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com