FinancingAdvanced
What Is Wraparound Mortgage?
A wraparound mortgage is a form of seller financing where a new loan "wraps around" the seller's existing mortgage — the buyer pays the seller, and the seller continues paying their original lender out of those payments.
Most useful for: Repeat Buyer · Homeowner
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This definition is provided for general educational purposes and is not financial, legal, tax, or real estate advice. Verify important decisions with appropriately qualified professionals.
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