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.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 1695859
MA Broker MB1695859
MI 1st Broker FL0022334
5 Bristol Drive, Suite 1
South Easton, Massachusetts 02375
Phone: (800) 477-2170