What is a Mortgage Subordination Clause?
The term “subordination clause” comes to mind when you buy a home or take out a loan. This can look puzzling, but it's just a law that helps decide which debt is paid off first if you are unable to make payments or sell your home. Get A Free Mortgage Quote What a subordination clause is, why it matters, and what it means to you will all be explained in simple terms in this article. What is a Subordination Clause? A subordination clause is a part of a loan agreement that shows the orde
The term “subordination clause” comes to mind when you buy a home or take out a loan. This can look puzzling, but it's just a law that helps decide which debt is paid off first if you are unable to make payments or sell your home.
Get A Free Mortgage Quote
What a subordination clause is, why it matters, and what it means to you will all be explai...
Next (9)
Do Closing Costs Include Realtor Fees? Breaking Down the Expenses
Do Closing Costs Include Realtor Fees? Breaking Down the Expenses
Condo Rent-to-Own: How It Works and What to Consider
Condo Rent-to-Own: How It Works and What to Consider
Buy a House with Cash, Then Refinance: Pros and Cons
Buy a House with Cash, Then Refinance: Pros and Cons
Owner-Occupied Financing: What It Means and How to Qualify
Owner-Occupied Financing: What It Means and How to Qualify
Mortgage Servicing Rights: What They Are and How They Affect You
Mortgage Servicing Rights: What They Are and How They Affect You
When Is the Best Time to Install Solar Panels? Seasonal and Financial Factors
When Is the Best Time to Install Solar Panels? Seasonal and Financial Factors
Solar Lease: How It Works and Is It Worth It?
Solar Lease: How It Works and Is It Worth It?
How Much Power Does a House Use? Average Energy Consumption Explained
How Much Power Does a House Use? Average Energy Consumption Explained
How Many Solar Panels Can Power a House? Factors to Consider
How Many Solar Panels Can Power a House? Factors to Consider
How Many Batteries to Power a House? Backup and Off-Grid Solutions
How Many Batteries to Power a House? Backup and Off-Grid Solutions
Townhouse vs. Apartment: Which is Right for You?
Townhouse vs. Apartment: Which is Right for You?
Alternative to HELOC: Best Options for Accessing Home Equity
Alternative to HELOC: Best Options for Accessing Home Equity
Reverse Mortgage Foreclosure Timeline: What to Expect
Reverse Mortgage Foreclosure Timeline: What to Expect
How Long Is a Conventional Appraisal Good For? Timelines and Expiration
How Long Is a Conventional Appraisal Good For? Timelines and Expiration
Court & Criminal Records
How Long Does a Misdemeanor Stay on Your Record?
Even though a misdemeanor is a minor violation, it is still considered a criminal offense and will appear on a person's record.
Background Search Basics
How Long Do Background Checks Take?
Discover how long a background check typically takes and what you can expect during the process.
Background Search Basics
What Do Employers Look for in a Background Check?
Know what employers look for in a background check so you can be prepared.
Relationships
Find Hidden Social Media Profiles
Put on your sleuthing cap and deploy these 5 tried-and-true tricks to uncover hidden social media profiles.
Safety
Defeat Porch Pirates: Tips for Avoiding Package Theft
Package thieves get bolder and smarter every day. Here's how you can outwit them and stop them from stealing your package.
