Sentences with phrase «of the second mortgage signs»
However, if you have a second mortgage on your home, you might encounter delays while the lender of the second mortgage signs off on the refinance.
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However, if you have a second mortgage on your home, you might encounter delays while the lender of the second mortgage signs off on the refinance.
Not exact matches
And as part of a last - ditch bid to avoid bankruptcy, he and his two business partners signed over the rights to second mortgages on their homes to a lender.
CHARLOTTE, North Carolina (Reuters)- Bank of America Corp (BAC.N) has given up the title of the largest U.S. mortgage servicer, in the latest sign the second - largest U.S. bank is pulling back from the home loan business after its disastrous Countrywide Financial purchase.
In my opinion, the client should never sign a reaffirmation agreement for a «junior» mortgage - either a second mortgage or a home equity line of credit.
It won't work, however, if the second spouse is on the mortgage or deed of trust, because in that case the lender will require that spouse to sign the document.