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Wrap-Around Mortgage Resource Center

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FAQ's About Wrap Around Mortgages.

DOWNLOADS

  • FAQ’s – WrapAround Mortgages (PDF)
  • Insurance Requirement for Wrap Transactions (PDF)
  • 438BFU (Loss Payable Endorsement) (PDF)
  • Quote Information Form (Wrap-Around Mortgages) (PDF – REQUIRED FOR QUOTES)

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ARTICLES AND INFORMATION

  • FAQ’s About Wrap-Around Mortgages, Seller-Financing, and Property Insurance
  • House Bill 1823 and the Death of Lease-Options in Texas
  • Common Problems Insuring Seller-Financed ‘Wrap’ Mortgages
  • Common (and BAD) Advice About Insuring ‘Wrap’ Mortgages
  • The Problem of Escrow Accounts
  • Named Insured / Additional Insured / Additional Interest / Loss Payee  / Mortgagee – What’s the Difference?
  • How To Insure a ‘Wrap’ Mortgage Without Notifying The Lender By Using a Trust
  • How to Insure ‘Subject To’ and ‘Wrap’ Properties Without a Trust
  • Don’t Fear The Due-On-Sale Clause
  • Legal Title versus Equitable Title and How It Pertains to Property Insurance
  • Understanding the Concept of “Insurable Interest”
  • Wrap-Around Mortgages & Claims – The Loss Payee Clause (438BFU)

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General Policy Type Comparison Chart (click to enlarge)


Or Call 800.299.8994

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