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Updated over 9 years ago on . Most recent reply

User Stats

99
Posts
17
Votes
Melissa Searing
  • Flipper/Rehabber
  • Charleston, SC
17
Votes |
99
Posts

Please Help with County Mortgage Records Search :)

Melissa Searing
  • Flipper/Rehabber
  • Charleston, SC
Posted

Hi there,

When searching the county deed & mortgage website, is there a way to know if a mortgage is a refinance, a first or a second? For instance, I am looking at one property, and the county shows the following mortgage documents:

1998 for $94k (30 year loan)

2001 for $126k (30 year loan)

2003 for $128k (30 year loan)

2003 for $25k ("Revolving Credit Mortgage" - 20 years) 

2011 for $140k (30 year loan)

Here is a link to the county web page with this property's mortgages: http://tinyurl.com/qhdpmp5

So, I am wondering if each new 30-year mortgage was a refinance of the previous mortgage. Is there a way to even know?

And is the "revolving credit mortgage" a line of credit?

Thanks!

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