Tag: UCC debt

How Can a UCC Filing on Business Debt Affect LTV?

Question: If there is a UCC filing on a mortgage title, and they are willing to subordinate the UCC lien, does that count in the CLTV and HCLTV? Answer: Yes, even if they subordinate, it will be considered in the CLTV.  Please see the guideline reference below. Reference: B2-1.2-04 – Subordinate Financing Subordinate Financing Requirements […]

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