Getting full power over your documents at any time is crucial to alleviate your day-to-day duties and enhance your efficiency. Accomplish any goal with DocHub tools for papers management and hassle-free PDF file editing. Gain access, adjust and save and integrate your workflows with other protected cloud storage.
DocHub gives you lossless editing, the possibility to work with any format, and securely eSign documents without looking for a third-party eSignature alternative. Make the most of the document managing solutions in one place. Consider all DocHub functions today with your free account.
hi everyone welcome back to ask the instructor presented by campus mortgage todays question is what is a subordination agreement and when is it required great question as a senior underwriter here are my thoughts a subordination agreement is a legal document that is required to prioritize one mortgage lien over another for example if a borrower currently only has a home equity line of credit on their home but would like to refinance their home to help consolidate debt a subordination agreement would be required if the borrowers would like to keep their current home equity line of credit open the subordination agreement will place the new mortgage in a first lean position and the home equity line of credit in a second lean position this concludes our one minute video as always dont forget to download our course catalog at campusmortgage.org