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 Fannie […]
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