Sheriff Sale-looked up deed & found ....

house2house profile photo
Hi, Found property in paper for sheriff sales that interest me. Started doing homework and found in the paperwork, Open End Mortage. What is this? Thank you,

Comments(0)

  • TheShortSalePro1st June, 2003
    0
    Reply

    An "open ended" mortgage allows for the Borrower to secure additional funds, usually stipulating a ceiling amount that can be borrowed.

Please Sign In to Comment.