Subject-To Newbie Question

[Jared Kluver]

Hello Community Members,

I understand the basics of a Subject-To deal (taking over the existing mortgage in place). I picked up some learning materials and it said one of the first things to do in real estate investing is to build your power team, including finding the right Title Company. The training has some general questions to ask, including if they have ever close an "agreement for sale" (land contract) or subject-to. Out of the 4 local companies I've called, they've all said they havent done it but can if they have an approval letter from the mortgage company. I'm baffled why the mortgage company has to be involved in the deal, even if there is a due-on-sale clause. The title company is insuring title, not the mortgage on the property?

Is this a normal practice (contacting the mortgage company to ask for a written letter that they approve) in doing a subject-to deal or am I missing something?

Thanks,
Jared