|
|
|
| |
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 ]
|
Call me at (714) 757-6305 for a FREE-NO HASSLE-NO OBLIGATION MARKET EVALUATION
or for an appointment to see any of my featured listings.
Real Estate Websites by iHOUSEweb, Inc. ®
|
|
