Wraparound mortgages legal, but carry high risk – San Francisco Chronicle
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Wraparoundmortgageslegal, but carry high risk
San Francisco Chronicle, USA Q: I have a full-price offer on my duplex that involves a wraparoundmortgage. I am a little leery of a small down payment with high interest payments for a few years and a balloon payment at the buyer's refinance later. I'm told they are quite legal,… New rules worry appraisers and lenders |
Wraparound mortgages legal, but carry high risk – San Francisco Chronicle
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