i got a ??

Bryan Ware
Home Seller
San Jose, CA

If the 1st mortgage on home is insured and thru one bank and the 2nd on a home is not insured and thru a differnt bank and also under nevada law not calif is this a problem?

Answers (1)
David Rivas
Agent
Sunnyvale, CA
FIRST ANSWER

Bryan; When you say the loan is insured, what do you mean? Insured by fannie or freddy mac?
You need to clarify you questions and consider asking someone from Nevada. Call an agent in Nevada and they can better answer this question.
To me if one is insured and one is not that is not a problem, but not a problem for what. What are you concerned about being a problem. Is this your property?
David

Sat Feb 21 2009, 16:19

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