no, the only one responsible for payment is the name on the note, not the mortgage.
You have no control over a lender selling your mortgage. However, it is less likely if you do business with a local bank.
no because they will do each other
No...and in fact it may well resolve the mortgage by selling the property it is secured to to pay the lender.
An increase in mortgage interest tates.
When investment companies convert mortgages into securities it causes a big boom in the economy. It is more profitable selling a mortgage when there is a big boom in the economy as the demand of mortgages out weight the supply of them.
an increase in mortgage interest rates
from 10% to 40% of the selling price of the home
Someone could sell a mortgage on many websites that are dedicated to mortgage selling. Additionally, one could do it through a bank or their own personal business.
The best time for the purchaser to ask for selling financing is when the home is free and clear of a mortgage meaning that the seller has paid off their mortgage or it will be paid off using the purchaser's deposit.
from 10% to 40% of the selling price of the home
from 10% to 40% of the selling price of the home
A mortgage company can sell your home for the right price. Often times mortgage companies will offer you an alternative to selling your loan so that you get the best deal available to you. See the related links for mortgage companies in Texas.