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Updated over 4 years ago,

John Williams's profile image
John Williams's profile image
John Williams
  • Member since Feb 8, 2020
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32
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9
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John Williams's profile image
John Williams's profile image
John Williams
  • Member since Feb 8, 2020
Connect
John Williams
9
Votes |
32
Posts
Private Lending & Conventional Mortgage Advice

When can a lender begin foreclosure?

John Williams
Posted

Please forgive me for asking what is surely a stupid question....

Obviously, a mortgage lender can file foreclosure if a borrower missed payments. But can they begin foreclosure proceedings just because the borrower is “underwater” (even if the borrower continues to pay on time)?

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