Can a title company settle/close a second mortgage or home equity loan in a borrower’s home?

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3 Comments
  1. Reply
    realestatelawyer
    April 29, 2011 at 11:27 pm

    Sure. The last time I did a second mortgage on my home I closed with a title officer at my kitchen table.

  2. Reply
    chaddurh72
    April 30, 2011 at 12:03 am

    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.

  3. Reply
    Kaz
    April 30, 2011 at 1:00 am

    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.

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