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Updated almost 6 years ago, 01/23/2019

Elaine Hester's profile image
Elaine Hester's profile image
Elaine Hester
  • Rental Property Investor
  • from Vista, CA
  • Member since Jul 13, 2017
  • Posts 46
  • Votes 21
  • Experience 17 Yrs
  • Investments 11
Connect

User Stats

46
Posts
21
Votes
Elaine Hester's profile image
Elaine Hester's profile image
Elaine Hester
  • Rental Property Investor
  • from Vista, CA
  • Member since Jul 13, 2017
  • Posts 46
  • Votes 21
  • Experience 17 Yrs
  • Investments 11
Connect
Elaine Hester
  • Rental Property Investor
  • Vista, CA
21
Votes |
46
Posts
Private Lending & Conventional Mortgage Advice

Lending 101—what determines 1st position?

Elaine Hester
  • Rental Property Investor
  • Vista, CA
Posted

This sounds like a ridiculous question as I'm asking it, but I have heard of people thinking they are in 1st position when it turns out they're actually in 2nd ... since I am new to lending, I want to know what specific document or verbiage a lender would require to ensure they are in first lien position. Thanks for your help!

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