What Is a Multiple Indebtedness Mortgage?

Answer A multiple indebtedness mortgage is a type of loan, found in states such as Louisiana, where you owe more than one debt that is secured by your property. Examples include home equity loans or other... Read More »

Top Q&A For: What Is a Multiple Indebtedness Mortgage

What is an affidavit of indebtedness?

An affidavit of indebtedness is filed by a plaintiff. It states that a defendant owes a certain amount of money and that the amount was due on a certain date and was not Read More »

The Best Ways to Mortgage Multiple Properties?

Real estate speculation can be a lucrative venture for the savvy investor. However, the practice involves a high degree of skill and expertise. These professionals must be able to read housing mark... Read More »

What Do Mortgage Companies Charge When a Home Mortgage Is Paid Off?

Selling or refinancing a home usually involves paying off an existing mortgage. In calculating a payoff, which will satisfy and zero out the balance, all unpaid fees and interest must be included, ... Read More »

What is the difference between a mortgage and a second mortgage?

A mortgage is a home loan. There are numerous types of home loans. However, the two most often procured are first and second mortgages. Each type of mortgage has different rules and regulations.Sig... Read More »