It's when a homeowner is unable to make principal and/or interest payments on their mortgage. The lender, a bank or building society, can seize and sell the property as stipulated in the terms of the mortgage contract.
Get Pre-Qualified Today
No hassle, no obligation
We've been helping customers afford the home of their dreams for over 20 years. Let our experience and knowledge work for you.
Company NMLS: 2754 www.nmlsconsumeraccess.org
175 New Britain Avenue Plainville, Connecticut 06062 Phone: (860) 793-1300 www.macllc.net
Powered By LenderHomePage.com