Equity Assurance LLC

First of all we require all of our clients to be well versed with how to proceed with a Subject 2 transaction, to be ethical and very transparent to the seller, this is why we have developed a Subject 2 Masterclass. Our Equity product is to help us with almost any Subject 2 transaction which will give you and your seller peace of mind regarding the due on sale clause. This can help you close the s

ell to a skeptical seller. If the due on sale clause gets called we will utilize its resources;

Upon your request, we will contact the lending institution and inquire about the desire of the lender to enforce the provision if the payments, insurance and taxes are current. We will work to resolve this issue so you can continue working with the Mortgage servicer. What are the underwriting requirements for such a guarantee in the first place? What type of loans / terms / properties qualify? We will request a copy of the title policy, loan documents and funding documents (HUD/CD) after the closing has occurred. They currently accept conventional, FHA and private mortgages. Is there anything special I need to do? For example, anything my title company needs to send, or extra time needed to process the application? We will need a copy of the title policy, loan documents, insurance policy and funding documents (HUD/CD) after the closing has occurred. There are no seasoning requirements. However, the mortgage, taxes and insurance must be current, and insurance must have both the original mortgage holders name as additional insured and the owner as insured.