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No. A mortgage company holds a conditional title to the property that varies according to state laws. To put it simply, the mortgage company only holds title until the mortgage is paid, and as long as the mortgage payments are up to date the mortgage company cannot take possession of the property, sell it or leave it to its heirs (in the case of an individual mortgagee).
The fee simple title holder is the person who acquired the property by deed or by inheritance from a probated estate.
No. A mortgage company holds a conditional title to the property that varies according to state laws. To put it simply, the mortgage company only holds title until the mortgage is paid, and as long as the mortgage payments are up to date the mortgage company cannot take possession of the property, sell it or leave it to its heirs (in the case of an individual mortgagee).
The fee simple title holder is the person who acquired the property by deed or by inheritance from a probated estate.
No. A mortgage company holds a conditional title to the property that varies according to state laws. To put it simply, the mortgage company only holds title until the mortgage is paid, and as long as the mortgage payments are up to date the mortgage company cannot take possession of the property, sell it or leave it to its heirs (in the case of an individual mortgagee).
The fee simple title holder is the person who acquired the property by deed or by inheritance from a probated estate.
No. A mortgage company holds a conditional title to the property that varies according to state laws. To put it simply, the mortgage company only holds title until the mortgage is paid, and as long as the mortgage payments are up to date the mortgage company cannot take possession of the property, sell it or leave it to its heirs (in the case of an individual mortgagee).
The fee simple title holder is the person who acquired the property by deed or by inheritance from a probated estate.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoNo. A mortgage company holds a conditional title to the property that varies according to state laws. To put it simply, the mortgage company only holds title until the mortgage is paid, and as long as the mortgage payments are up to date the mortgage company cannot take possession of the property, sell it or leave it to its heirs (in the case of an individual mortgagee).
The fee simple title holder is the person who acquired the property by deed or by inheritance from a probated estate.
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What is a mortgage registration fee?
A State or Territory Government fee charged when a mortgage is established or discharged over your property.
What are the requirements for a no fee remortgage?
The requirements for a no-fee refinance mortgage are being in good standing with your current mortgage, having sufficient income, and having a good debt-to-income ratio. The requirements for a no-fee refinance mortgage are essentially the same as for any other type of mortgage.
What is corp adv fee?
These are any costs that a mortgage company has incurred in the collection or servicing of a mortgage. An example of a corporate advance fee would be if the second mortgage company makes a payment to the first mortgage company.
What companies offer a no fee mortgage refinance?
There are many companies that claim to offer a no fee mortgage refinance. Such services are never free, it always costs something to refinance one's mortgage.
Where can one find no fee mortgage services?
You can find no fee mortgage services at the Total Mortgage website. Once on the page, scroll to the bottom and click on "Total Path," then click on "No Point No Feed Mortgage" in the navigation menu to bring up the information.
Can you mortgage a fee simple deed with a life estate?
Yes. You can grant a mortgage on property owned in fee simple that is subject to a life estate. However, the life tenant must give their written consent by signing the mortgage. That way the lender can take possession by foreclosure, free and clear of the life estate, in the case of a default.
What is a mortgage registration fee?
A State or Territory Government fee charged when a mortgage is established or discharged over your property.
Where do you pay discharge of mortgage fee?
If the mortgage has been paid and you receive a discharge from the mortgage holder, it must be recorded in the place where deeds are recorded and the filing fee paid there.
What are the requirements for a no fee remortgage?
The requirements for a no-fee refinance mortgage are being in good standing with your current mortgage, having sufficient income, and having a good debt-to-income ratio. The requirements for a no-fee refinance mortgage are essentially the same as for any other type of mortgage.
What is corp adv fee?
These are any costs that a mortgage company has incurred in the collection or servicing of a mortgage. An example of a corporate advance fee would be if the second mortgage company makes a payment to the first mortgage company.
What companies offer a no fee mortgage refinance?
There are many companies that claim to offer a no fee mortgage refinance. Such services are never free, it always costs something to refinance one's mortgage.
Where can one find no fee mortgage services?
You can find no fee mortgage services at the Total Mortgage website. Once on the page, scroll to the bottom and click on "Total Path," then click on "No Point No Feed Mortgage" in the navigation menu to bring up the information.
Is it legal to collect a finders fee from a mortgage broker?
Yes, you can collect a finders fee from a mortgage broker. Gifts and money are exchanged in this situation all the time.
How much is a mortgage closing cost?
A mortgage closing cost may include any or all of the following: discount and origination points, the application fee, appraisal fee, credit report fee, title search and title insurance, and a survey fee.
What is a registration fee?
A State or Territory Government fee charged when a mortgage is established or discharged over your property.
What is the difference between fee and fee simple?
Both fee and fee simple mean that you are the absolute owner of real property. You can sell the land or leave it to your heirs.
Ch 13 Schedule A - what is nature of debtor's interest in property?
If it is your residence and you have the right to sell it with or without a mortgage it is "Fee Simple". Other types are Future Interest, Contingent, Lienholder etc.
