Sentences with phrase «second lien only»
Available for owner occupied 1 - 4 family residential properties or condominiums, second lien only.
https://www.haverhillbank.com/ Not exact matches
They're often called second liens because in the event of foreclosure, they only get paid off after the primary mortgage has been satisfied - they're second in line in other words.
Chapter 13 lien strip is only allowed in the following situation: Your second mortgage is unsecured.
Second, in the 2nd - 4th contract communication with the primary lender's negotiator that was restricted to email only — hindering the transaction of a property that had three liens.
Each lien only takes a few seconds and people have to punch in their bid in that few seconds.
California Hard Money Direct makes first lien mortgage loans and second lien mortgage loans in California Only.
In response to «BofA to Eliminate Some Second Lien Mortgages» (Daily News, Oct. 2, 2012), I always find it interesting that the relief only comes to those already in trouble paying their mortgage.