|
|
|
| |
Wraparound Mortgage A mortgage that includes the remaining balance on an existing first mortgage plus an additional amount requested by the mortgagor. Full payments on both mortgages are made to the wraparound mortgagee, who then forwards the payments on the first mortgage to the first mortgagee.
| |
[ Back To Real Estate Glossary ]
|
Selling Salinas and Monterey County Real Estate
Salinas Realtor Noe Renteria. 831-449-5126
RE/MAX Real Estate Service 158 Central Ave #3 Salinas CA 93901, CA DRE License #01277574
Serving Salinas, Prunedale, Soledad, Seaside and Monterey County
Each Office is Independently Owned and Operated.
Real Estate Websites by iHOUSEweb, Inc. ®
|
|
