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What else can I help you with?
How do you modify mortgage?
The lender owns the mortgage and only the lender can modify it. You need to discuss it with the lender.
What does a primary mortgage lender do?
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, is the second mortgage lender paid before the first mortgage is satisfied?
In case of default, the first mortgage lender is paid before the second mortgage lender is satisfied.
Can you transfer a mortgage to another property if one party is now bankrupt?
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.
Does a co-signer on a home need to live in the house?
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.
What is a voluntary alienation of property?
Voluntary alienation is when the owner voluntarily gives up their rights to the property such as in granting a mortgage to a lender.
What if you want to change the property of a mortgage loan?
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.
How do you modify mortgage?
The lender owns the mortgage and only the lender can modify it. You need to discuss it with the lender.
What does a primary mortgage lender do?
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.
How do you become a qualified mortgage lender?
A mortgage lender must be licensed and work within a bank, mortgage bank, or mortgage broker.
In case of default, is the second mortgage lender paid before the first mortgage is satisfied?
In case of default, the first mortgage lender is paid before the second mortgage lender is satisfied.
Can you transfer a mortgage to another property if one party is now bankrupt?
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 that represents a pension fund is known as?
A mortgage lender than represents a pension fund is called a mortgage banker.
What is the difference between mortgage lender and consumer lender?
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Does a co-signer on a home need to live in the house?
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.
Can you get a mortgage without your lender selling your mortgage?
You have no control over a lender selling your mortgage. However, it is less likely if you do business with a local bank.
Can you refinance your mortgage with a different lender?
Yes, you can refinance your mortgage with a different lender by applying for a new loan to pay off your existing mortgage.
