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What do it mean when you get a letter from your mortgage co that they have sold your mortgage to another servicer?
That means another bank has purchased your mortgage. The original lender should arrange to have an assignment of mortgage recorded in the land records to make the assignment legal. As long as you make your payments on time you shouldn't suffer any effects except a change in the address where you send your payments.
That means another bank has purchased your mortgage. The original lender should arrange to have an assignment of mortgage recorded in the land records to make the assignment legal. As long as you make your payments on time you shouldn't suffer any effects except a change in the address where you send your payments.
That means another bank has purchased your mortgage. The original lender should arrange to have an assignment of mortgage recorded in the land records to make the assignment legal. As long as you make your payments on time you shouldn't suffer any effects except a change in the address where you send your payments.
That means another bank has purchased your mortgage. The original lender should arrange to have an assignment of mortgage recorded in the land records to make the assignment legal. As long as you make your payments on time you shouldn't suffer any effects except a change in the address where you send your payments.
What else can I help you with?
Is there a payment due if your mortgage company sells your mortgage to another mortgage company?
Yes, no matter what happens to the owner of your mortgage, you should always make your payments on time. A loan sale or servicing transfer does not mean you can skip a payment.
What is a synonym for mortgage?
A mortgage is a type of "loan." (another noun synonym is debt)The verb "to mortgage" has no direct synonyms, but metaphorically it can mean to pledge, or it can have the connotation of sacrifice or imperil (e.g. mortgaged his integrity to help his friend).
What does LP mean in the mortgage industry?
What does LP menas in mortgage terms
What is and underlying mortgage?
what does it mean when the mortgage company says they must read the underlying of the mortgage? I do not quit understand what that means.
What does it mean if your name is on the deed but not the mortgage?
If your name is on the deed but not the mortgage, it means you own the property but are not responsible for the mortgage payments.
Is there a payment due if your mortgage company sells your mortgage to another mortgage company?
Yes, no matter what happens to the owner of your mortgage, you should always make your payments on time. A loan sale or servicing transfer does not mean you can skip a payment.
What is a synonym for mortgage?
A mortgage is a type of "loan." (another noun synonym is debt)The verb "to mortgage" has no direct synonyms, but metaphorically it can mean to pledge, or it can have the connotation of sacrifice or imperil (e.g. mortgaged his integrity to help his friend).
What is the term mortgage offset mean?
The term mortgage offset mean a flexible type of mortgage that allows one to reduce their rates and balance on loans and mortgage debts. This type of mortgage is uses more commonly in England.
What does LP mean in the mortgage industry?
What does LP menas in mortgage terms
What is and underlying mortgage?
what does it mean when the mortgage company says they must read the underlying of the mortgage? I do not quit understand what that means.
What does it mean if your name is on the deed but not the mortgage?
If your name is on the deed but not the mortgage, it means you own the property but are not responsible for the mortgage payments.
Another word for mean and nasty first letter you?
Poison Pen Letter
Can you get a mortgage on a new home when you currently have a 1st and 2nd mortgage on the home you wish to sell?
Yes you can; if you qualify. What I mean by that is can your income handle/carry all 3 mortgage loan payments? If so, then purchasing another home without your current home selling shouldn't be a problem.
Can you get a normal mortgage for investment in a UK property or is another mortgage type product available?
If by a normal mortgage you mean a residential mortgage then generally speaking, no - not for investment purposes. However it really depends on what you intend to do with the property, buy the property to rent out (buy to let), buy to renovate and sell (aka 'flip') or any number of other strategies.
What does the term freedom mortgage mean?
Freedom Mortgage is not a just a term, but is actually a mortgage company. Freedom Mortgage Corporation is a private full-service mortgage lender that is licensed in all 50 states.
Does a mortgage pre approval guarantee a mortgage loan approval?
Pre-approval for a mortgage does not guarantee that you will be approved a mortgage loan. However it does mean that it is very likely that you will be approved when you apply.
What does mortgage mean in a sentence?
A mortgage is a loan secured by real property. Sentence: My sister was able to qualify for a mortgage and purchase her first home.
