|
|
|
| |
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 ]
|
For all of your real estate needs in the Lake Chatuge, North Georgia and Western North Carolina mountain area, call PJ at Keller Williams Realty! Mountain and lake vacation homes, lake front cabins, resort property, luxury lake homes, mountain acreage, lots, farms and land, foreclosures, commercial and 1031 investment property in Hiawassee, Young Harris, Mountain Lakes, Lake Nottely, Blairsville, Blue Ridge, GA and Brasstown, Murphy, Hiwassee Lake, Lake Chatuge, Hayesville, North Carolina.
Real Estate Websites by iHOUSEweb, Inc. ®
|
|