Compare Mortgage Quotes

AdamZeidan · Joined: 29 Oct 2007 Posts: 1 1.30 Dollars($)

I have two mortgages on my house. The first mortgage belongs to one lender while the 2nd belongs to a different lender. Can I still opt for deed-in-lieu of foreclosure having 2 mortgages?

Guest

Hi,

You may opt for deed in lieu of foreclosure with two mortgages on your house but depends on your lender whether he is going to accept it or not.

So you need to talk to your lender first.

heavenhack7 · Joined: 05 Apr 2007 Posts: 76 1.14 Dollars($)

hi Adam ,

according to me .. you can have deed in lieu for two mortgages if both the lenders agree to it .

Guest

Hi Adam ,

Deed in lieu will be good for you, although you have you have 2 mortgages. But it depends upon the mortgage lenders whether they will accept it or not. So you should talk to the lenders regarding this mater.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1