The Mortgagor (or Borrower spouse) subordinates their interest as a function of the security instrument execution.

You put in a search by address and up pops the property detail record including owner name and address, county appraised values and the date/instrument number of the last deed filed of record.

That's all you need and you actually do have more control than an invalid instrument misapplied by definition, providing covenants that are opposed to the type of agreement that require specific obligations. :).

Home is an income producing investment instrument.

Title will show the instrument filed, but not current indebtedness.

Due on Sale should also be in the security instrument.

In past, we have worked with multiple notes secured by a single security instrument to allow flexibility.

Anyone of you out there knows what type of licensing is required to promote MTN and BG instruments?

(I figured that some instrument like that was used - it was nice to see the confirmation.)Yeah - I would guess that there is a lot of "horizontal development" to be done.

Just make sure if you get a conventional loan that it's a Fannie Mae loan and not a Freddie Mac loanFannie allows a transfer of the property to: a limited liability company (LLC), provided that- the mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and - the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Source: https://servicing-guide.fannie...