Describe a subject to mortgage, and is there a way to do it and avoid loan being called?
Saturday, July 11th, 2009ron j asked:
or at least significantly reduce the chances of the loan being called?
or at least significantly reduce the chances of the loan being called?
I am told that the moment you record this new subject to mortgage that banks subscribe to a service that lets them know that title has been affected and will likely call the loan. Is it true that the moment they are aware that they call the loan? Is this what they also call a wrap around mortgage?
Shawn

