Financing in 08822>Question Details

Sexiwomyn@ao…, Other/Just Looking in 08822

free baloon bank mortgages question involving 3 people on mortgage

Asked by Sexiwomyn@aol.com, 08822 Thu Dec 17, 2009

Concerning a balloon mortgage at FNB with 3 people listed on mortgage can changes be made or one take the other off without all 3 in agreement or @ leas notification to the other parties. What are the rules to a balloon mortgage? Two of the three own the land the mobile home is on but the third party was the reason for the purchase and mortgage request, and has paid on property for almost 5 years. Is there such a thing as a renewal period during the mortgage?

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