Who is the grantor in a mortgage?

Answer The grantor in a mortgage is the entity who gives or sells mortgaged property in its name to another entity, who is called the grantee. The grantee then assumes responsibility for the mortgage.Sour... Read More »

Top Q&A For: Who is the grantor in a mortgage

Is a grantor trust irrevocable?

A grantor trust can be revocable or irrevocable, depending upon the language in the trust agreement, which is chosen by the grantor. In an irrevocable trust, the grantor can no longer receive any b... Read More »

How to Clarify a Special Warranty Deed When the Grantor Is No Longer Available?

You obtained the title to your property by special warranty deed by which the grantor warranted the title to the property from the time of his ownership until the conveyance to you. Now, however, t... Read More »

Who Do You Talk With to Get an Interest-Only Mortgage Changed to a Fixed Rate Mortgage?

Interest-only mortgages are considered to be one of the riskiest types of home loans on the market. If you have an interest-only loan, you can take the necessary steps to convert it into a fixed ra... 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 »