It’s when a homeowner is unable to make principal and/or interest payments on their mortgage. The lender, a bank or building society, can seize and sell the property as stipulated in the terms of the mortgage contract.
As a top-reviewed mortgage bank with over 30 years of experience, Worthington Mortgage combines excellent customer service with our access to all secondary investor markets, allowing us to offer you the lowest rate possible on the best loan for you!
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