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Updated over 10 years ago,

User Stats

46
Posts
7
Votes
Hament Raju Mahajan
  • Investor
  • Sanfrancisco , CA
7
Votes |
46
Posts

Inter Creditor agreement between 1st and 2nd lien Private Lender

Hament Raju Mahajan
  • Investor
  • Sanfrancisco , CA
Posted

I do California junior lien position business purpose loans secured by CA single homes .

I am looking for an  an Inter creditor agreement between the the 1st Lien  lender and junior lender ,  whereby 1st Lien lender allows Junior Lender  to foreclose and not foreclose Junior Lender  out while Junior Lender is foreclosing.

Where can i get a simple agreement stating these terms and other related terms for a new purchase money loan or where i go as a junior lender where there is an existing loan in place.

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