Kathleen Nagle, Realtor
Kinlin Grover Real Estate

(508) 333-3990 or (508) 349-9800 |

 
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Real Estate Glossary



  Wraparound Mortgage

A mortgage that includes the remaining balance on an existing first mortgage plus an additional amount requested by the mortgagor. Full payments on both mortgages are made to the wraparound mortgagee, who then forwards the payments on the first mortgage to the first mortgagee.

 

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KATHLEEN NAGLE realtor ORLEANS realtor CAPE COD realtor EASTHAM realtor CAPE COD realtor WELLFLEET realtor CAPE COD realtor TRURO realtor CAPE COD realtor PROVINCETOWN realtor CAPE COD I am licensed in the state of MA


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