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Can a title company settle/close a second mortgage or home equity loan in a borrower's home? |
Can a title company settle/close a second mortgage or home equity loan in a borrower's home? Sure. The last time I did a second mortgage on my home I closed with a title officer at my kitchen table. Most mortgage brokers are going to require you to close your secondary loan at a title company. If your broker is local, they may be able to close it in thier office, which might save you money. Modified 1 year ago I am not sure where chadur72 is coming from, but it is totally fine to close any mortgage loan at your own home. This type of practice happens all the time and is pretty standard for most company's. I am a Residential Mortgage Specialist |
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