Why Is My Mortgage Being Sold?Jul 22 2013
By: Nicole Gates
Why are you selling my mortgage? The thought can be a bit scary when you hear it. But whether you’re doing business with a bank, mortgage banker or broker, the chances of your loan being sold are pretty high. It’s nothing personal and there’s really nothing to fear since the only change you’ll notice is just a different payment address.
Still wondering why it’s being sold in the first place? We explain in further detail in this week’s Mortgage Monday article. Read the full reason why your mortgage could be sold here.