Warning: include() [function.include]: URL file-access is disabled in the server configuration in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78
Warning: include(http://www.hurryloan.com/rightbar.php) [function.include]: failed to open stream: no suitable wrapper could be found in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78
Warning: include() [function.include]: Failed opening 'http://www.hurryloan.com/rightbar.php' for inclusion (include_path='.:/usr/local/share/pear') in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78
Home Equity Loans on Public Records standardly shown?
Are they generally sent by lenders to be seen as liens on Public Record even if the loan is being paid back on time?
By
itsjunglepat
Posted on
07/01/08 Total Answers
3
Answers-
Yes, all deeds of trust are recorded for public record upon closing the loan. It is actually a contigency of funding the loan, lenders will not release the funds from the closing until they have evidence that the deed was recorded.
Answer by :
lepr0kan On Date
2008-07-01 07:52:00
Yes, HELOCs show up on public records, it is lien against the property.
Answer by :
godged On Date
2008-07-01 08:00:13
They are liens as soon as you get them, it has nothing to do with payments.
