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.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act; Not all customers will qualify; information, rates, and programs are subject to change without prior notice; all products are subject to credit and property approval. Copyright 2019. All rights reserved. • License #4130876 • NMLS #231073
Arizona Mortgage Banker Lic.# BK-0947102".
• IL requires you to clearly and conspicuously disclose on all advertisements (including websites, social media accounts, business cards, etc.) the following: "For licensing information, go to: www.nmlsconsumeraccess.org."
• Further, IL licensees originating loans on the Internet must post on their Internet web sites (including social media) their license number and the address and telephone number of the Commissioner: Illinois Department of Financial and Professional Regulation, Division of Banking, 100 West Randolph, 9th Floor, Chicago, IL 60601 1-888-473-4858