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#2270945 - 05/26/22 07:00 PM Re-advancing funds on commercial installment loan
Hailey Tidwell Offline
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Joined: Jan 2022
Posts: 5
Can you advance funds back up to the original loan amount after it has been paid down on a commercial loan secured by R/E in the state of TN? There is no obligatory advance language in the current D/T however it does state it covers all modifications, renewals etc. Could we do a Modification to the current Deed of Trust to allow obligatory advances now? I have been told two different things by two different title companies.

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#2270947 - 05/26/22 07:01 PM Re: Re-advancing funds on commercial installment loan Hailey Tidwell
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
The only person you need to listen to is your own legal counsel.
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