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It is considered a second mortgage and will have its own term and repayment schedule separate from your first mortgage.Delegated Vs. Non-Delegated Loans – Royal United Mortgage LLC – · When dealing with lenders in the past, you may have heard them talk about the qualification between a delegated loan and a non-delegated loan.
I would recommend Royal United Mortgage to my family and friends without hesitation! My loan closed quickly and painlessly thanks to the excellent service of my loan officer at Royal United!
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· This appeal requires us to determine whether the holder of a mortgage that secures a loan used to discharge a prior mortgage is equitably subrogated to the rights of the prior mortgagee and thus has priority over the lien of a judgment creditor that recorded its judgment before the new mortgage was placed on the property.
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