Yes, by paying it off in full. You should review your original mortgage document to determine if there is a pre-payment penalty if you will be paying it off early.
The lender owns the mortgage and only the lender can modify it. You need to discuss it with the lender.
The primary mortgage lender holds the first mortgage. If his mortgage is not paid, he sells the property. He gets paid. You may have a second mortgage. If the second mortgage lender is not paid, he can sell the property. If he sells the property, the primary mortgage lender gets paid first, then the secondary lender gets paid.
In case of default, the first mortgage lender is paid before the second mortgage lender is satisfied.
No. The lender owns the mortgage. You can't make any changes.No. The lender owns the mortgage. You can't make any changes.No. The lender owns the mortgage. You can't make any changes.No. The lender owns the mortgage. You can't make any changes.
No, unless it is required by the lender. You need to review your mortgage documents.No, unless it is required by the lender. You need to review your mortgage documents.No, unless it is required by the lender. You need to review your mortgage documents.No, unless it is required by the lender. You need to review your mortgage documents.
Voluntary alienation is when the owner voluntarily gives up their rights to the property such as in granting a mortgage to a lender.
You need to discuss it with your lender. The present mortgage would need to be discharged and the new mortgage executed if the lender agrees.You need to discuss it with your lender. The present mortgage would need to be discharged and the new mortgage executed if the lender agrees.You need to discuss it with your lender. The present mortgage would need to be discharged and the new mortgage executed if the lender agrees.You need to discuss it with your lender. The present mortgage would need to be discharged and the new mortgage executed if the lender agrees.
The lender owns the mortgage and only the lender can modify it. You need to discuss it with the lender.
The primary mortgage lender holds the first mortgage. If his mortgage is not paid, he sells the property. He gets paid. You may have a second mortgage. If the second mortgage lender is not paid, he can sell the property. If he sells the property, the primary mortgage lender gets paid first, then the secondary lender gets paid.
A mortgage lender must be licensed and work within a bank, mortgage bank, or mortgage broker.
In case of default, the first mortgage lender is paid before the second mortgage lender is satisfied.
No. The lender owns the mortgage. You can't make any changes.No. The lender owns the mortgage. You can't make any changes.No. The lender owns the mortgage. You can't make any changes.No. The lender owns the mortgage. You can't make any changes.
A mortgage lender than represents a pension fund is called a mortgage banker.
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No, unless it is required by the lender. You need to review your mortgage documents.No, unless it is required by the lender. You need to review your mortgage documents.No, unless it is required by the lender. You need to review your mortgage documents.No, unless it is required by the lender. You need to review your mortgage documents.
You have no control over a lender selling your mortgage. However, it is less likely if you do business with a local bank.
Yes, you can refinance your mortgage with a different lender by applying for a new loan to pay off your existing mortgage.