Posted on: 02nd Feb, 2011 01:20 pm
AND WHO DOES THE DEED COME FROM
no, dave. a warranty deed provides you with ownership of the home. you don't obtain new ownership of the same property when you take a new loan - you remain the owner until such time as you transfer your ownership interest to someone else.
there's no need for a new deed with a refinance. the only deed you'd see in such a transaction is a mortgage deed.
there's no need for a new deed with a refinance. the only deed you'd see in such a transaction is a mortgage deed.