Investment Property Mortgages
Mortgage Applications:
Mortgage Application – Purchase & Pre-Qualification App Mortgage Application – Refinance App
NMLS: 440207
Do you own an investment property? Now you can get away from the high rates at the banks and bring your investment property mortgage to the credit union.
- Part II - Real and Personal Property and Domestic Relations
- Title I - Title to Real Property
- Chapter 184 - General Provisions Relative to Real Property
- Section 17B - Mortgage Loan Application; Real Estate Consisting of a Certain Dwelling House; Required Statements and Information
Section 17B. Every application for a mortgage loan on 1 to 4 family residential property and occupied or to be occupied in whole or in part by the obligor on the mortgage debt shall be made on a printed form which shall contain the following 2 statements in type of at least 2 points larger than the other type used on the application:
- The responsibility of the attorney for the mortgagee is to protect the interest of the mortgagee.
- Mortgagors may, at their expense, engage an attorney of their selection to represent their interests in the transaction.
A printed copy of the above statements shall be given to the mortgagor at the time of making the application.
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