mortgage mortgage rates: Subordination agreements are driving me nuts!!....
- 07/20/09 01:00 PM
.....................If you currently have a second mortgage, home equity loan, line of credit or anything that is a lien on your property, you will be required to have that loan subordinated or paid off when refinancing. And let me tell you, these bad boys are a nightmare! Currently I have been waiting over seventy five ( 75 ) days for one of these subordination agreements to be completed. Lenders move at their own speed. I have been told by Bank of America, Citi Mortgage and Citizens that they only take fax requests….. oh and by the way, it will
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