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Modifying a Real Estate Loan

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Can a real estate loan be modified with a higher rate and escrows, when the loan has not performed as agreed?

Review the note and mortgage (and security agreement if applicable). The documents should spell out default interest and timing and bank's right to require escrow.

First published on 10/04/10

First published on 10/04/2010

Filed under: 
Filed under lending as: 
Filed under security as: 

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