Category: Mortgage
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Why Did Wells Fargo Sell My Mortgage to Mr Cooper? Unveiling the Surprising Truth
Have you recently discovered that your mortgage with Wells Fargo has been sold to Mr Cooper? You may be wondering why this has happened and what it means for you as a homeowner. In this article, we will delve into the reasons behind Wells Fargo’s decision to sell mortgages and why Mr Cooper may be…
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Name on Deed But Not on Mortgage: Know Your Rights and Responsibilities
So, you’ve found your dream home and are getting ready to make one of the biggest financial decisions of your life – getting a mortgage. But what if you want to have your name on the deed, but not on the mortgage? Can it be done? Let’s explore this topic and understand the implications. Understanding…
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How to Remove Escrow from Mortgage: A Step-by-Step Guide
Are you tired of dealing with an escrow account for your mortgage? Escrow accounts can feel restrictive, but fortunately, there are steps you can take to remove this requirement from your mortgage. In this article, we will guide you through the process, giving you the freedom and control over the financials that you desire. Understanding…
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Name on Mortgage Not on Deed: What to Know and How to Protect Your Rights
Buying a home is an exciting milestone in anyone’s life. It’s a significant financial decision and a symbol of stability and security. However, it’s essential to understand the legalities involved in homeownership, such as the distinction between the name on the mortgage and the name on the deed. Understanding the Difference When you purchase a…
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What is an Allocated Waiver from a Mortgage Company: Simplifying Complex Mortgage Jargon
When it comes to the world of mortgages, some numerous terms and concepts may seem confusing at first. One such term is an “Allocated Waiver.” In this article, we will explain what an Allocated Waiver is and why it is an important consideration for homeowners. Understanding the Basics An Allocated Waiver, also known as a…
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Name on Title of House But Not on Mortgage: Avoiding Legal Pitfalls
When it comes to purchasing a home, there are several key terms that you should understand. Two important concepts are the title and the mortgage. It is not uncommon for the name on the house title to be different from the name on the mortgage. In this article, we will explore the reasons why someone…
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How to Find Out If Property Has a Mortgage: 5 Proven Ways
Are you considering buying a property or just curious about the financial status of a house? Knowing whether a property has a mortgage can provide valuable information that can influence your decision-making process. In this article, we will explore some essential methods to help you find out if a property has a mortgage or not.…
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Name on Deed But Not Mortgage: Pros and Cons of This Arrangement
Being named on a deed but not a mortgage can have both advantages and disadvantages. Whether you’re planning to buy a property with someone else or considering adding a family member’s name to the deed of your existing property, it’s essential to understand the implications and responsibilities related to such an arrangement. Understanding the Difference…
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My Name is on the Deed But Not the Mortgage: Understanding Ownership and Financial Responsibility
Have you ever found yourself in a situation where your name is on the deed of a property, but you are not listed on the mortgage? It can create confusion and raise many questions about your rights and responsibilities. In this article, we will explore what it means to be on the deed but not…
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I Paid off My Mortgage: Unlocking the Deed to Ownership
So, you’ve finally made that last mortgage payment! Congratulations on paying off your mortgage. It’s an incredible achievement and a cause for celebration. While you may be eager to receive something tangible to mark this significant milestone, you may be wondering: Do I Get a Deed When I Pay off My Mortgage? As a homeowner…