Posts tagged documents
i got 2 documents after a mortgage refi?
0Question : i got 2 documents after a mortgage refi? about 1 month after i completed my refi, i get 2 documents from county clerk/recorder. one of them is title “substitution of trustee” and the other is “full reconveyance”. apparently they were both requested by my previous mortgage company. i can’t seem to understand what exactly this is for.
can anyone help me here? mortgage refi
Best answer:
Answer by wizjpSubstitute trustee means your mortgage was a deed of trust, and a new trustee was appointed. No biggie.
Full reconveyance probably means the property was conveyed back to you out of More >
loan documents can answer your questions
0Loan documents may answer your questions Q. I used owner financing five years ago to buy my home. The loan had an interest rate of 5.46 percent and was structured as a 15-year mortgage with 20 percent down.
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