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FAQS
Is this legal?
Yes. All transactions follow federal real estate and escrow regulations. The HUD-1 form includes provisions for Subject-To and Wrap transactions.
How does this affect my ability to get a new loan?
We help you document non-payment of mortgage obligations with third-party proof, allowing many lenders to exclude this from your DTI. After 12 months of payments, most lenders fully remove the debt from DTI calculations.
Who covers repairs and maintenance?
Once the deed transfers, we become fully responsible — you are completely off the hook.
What if the lender calls the loan due (Due-on-Sale clause)?
Though extremely rare, we are prepared. We've never lost a home due to a due-on-sale issue. If invoked, we refinance, pay off the mortgage, or revert the property to the seller with no damage to their credit.
