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It's when a homeowner is unable to make principal and/or interest payments on their mortgage. The lender, a bank or building society, can seize and sell the property as stipulated in the terms of the mortgage contract.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 184318
CA BRE #01848949
814 Morena Blvd #107
SAN DIEGO, California 92110
Phone: (619) 283-4000