Updated almost 18 years ago on . Most recent reply
help with final touches for a wrap mortgage?
going to owner finance a property with a wrap mortgage and keep my original mortgage. the title will be transfered into the 'financed' buyer's name upon recording of the documents. this leaves me stumped on how to provide proof of insurance to my lender holding the orginal mortgage.
if the 'financed' buyer purchases a policy with myself listed as the mortgagee then how do i show the proof of insurance to my mortgage company with them list as mortgagee?