What kind of terms should the borrower expect from the first mortgage/first lien lender?
Related Questions
- If a borrower needs to have his/her "eyes wide open" going into a mortgage, are standard charge terms (STCs) adequate?
- What if the borrower has a second lien mortgage and would like to apply for a Home Affordable Modification?
- A lender has a mortgage lien. What is a lien and does it affect my bankruptcy case?