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There can be if the reverse mortgage is guaranteed by HUD. One set would be executed by the lender, the other with HUD in case the lender goes under.

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15y ago

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Where do you find mortgage notes for sale?

How to find mortgage notes online or else where? Check with the Register of Deeds in the county you are looking to find mortgage notes in. These are recorded as mortgages, trust deeds or land contracts in most states and they are a matter of public record. Some local offices have resources where you can do this research online. A good place to start of by doing a Google search for "property records" in the area you want to find mortgage notes in.


What kind of trust can a property go to if it has a reverse mortgage?

You cannot transfer your property to a trust if it is subject to a reverse mortgage. You have already assigned your interest in the property to the lender.You cannot transfer your property to a trust if it is subject to a reverse mortgage. You have already assigned your interest in the property to the lender.You cannot transfer your property to a trust if it is subject to a reverse mortgage. You have already assigned your interest in the property to the lender.You cannot transfer your property to a trust if it is subject to a reverse mortgage. You have already assigned your interest in the property to the lender.


Is Liberty Mortgage Company a reputable lender?

According to my research Liberty Reverse Mortgage is a company that you can trust due to its Privacy Conditions. Also it is a reputable lender in its field.


Does a sheriffs deed of trust eliminate a 1st Senior Mortgage?

No. The mortgage remains in first place as an encumbrance against the property.No. The mortgage remains in first place as an encumbrance against the property.No. The mortgage remains in first place as an encumbrance against the property.No. The mortgage remains in first place as an encumbrance against the property.


What recourse does a second mortgage holder have when the first mortgage goes into foreclosure?

Hate to tell you, but in my state (WA), if a senior deed of trust or mortgage is foreclosed, then the inferior/junior mortgages and/or deeds of trust are foreclosed as well. That means that you have no recourse subsequent to a foreclosure. I suggest seeing an attorney immediately (see the phone book for one who gives "free consultations").


What is the purpose of 'trust deeds'?

A trust deed is when a legal title in property is transferred to a trustee. If a lendor defaults on a mortgage the trustee can foreclose the property. With mortgages a bank is usually the trustee given the trust deed.


Which websites carry details on Deeds of Trust?

There are many places online to find the details on Deeds of Trust. Truia and Arixacapital are both well known sites that carry information about Deeds of Trust.


How do you refinance with no job?

If your income comes from other than a salary (i.e, commisions, alimony, child support, trust, etc.) you can use the no income no asset (NINA) procedure Ask your local mortgage company or contact Richard Legare at; richard@alliedhomenet.com for the best rates and lowest fees.


When was Scottish Mortgage Investment Trust created?

Scottish Mortgage Investment Trust was created in 1907.


Where can one find more information about trust deeds in Scotland?

You can find information about trust deeds in Scotland online at the Trust Deeds Network website. Once on the website, you can learn how the service works and request the service online.


What documents are notarized in a mortgage loan package?

Depends on the lender and their document package. Here is a list: Deed of Trust & Grant Deeds Name Affidavit Occupany Affidavit Note (some require this)


What has the author David J Crabtree written?

David J. Crabtree has written: 'Second deeds of trust' -- subject(s): Deeds of trust