Posted on: 17th Mar, 2011 12:29 pm
Does the promissory note maturity date and the maturity date on the mortgage have to match? (e.g. have a development loan that is set up on 10 year am 3 year balloon, can you put a longer out maturity date on the mortgage in order to not have to keep renewing or modifying if development not complete)
Hi keisha!
Welcome to forums!
As far as I know both the dates - promissory date maturity date and maturity date on the mortgage have to match.
Sussane
Welcome to forums!
As far as I know both the dates - promissory date maturity date and maturity date on the mortgage have to match.
Sussane