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.
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Company NMLS: 34381 www.nmlsconsumeraccess.org
8700 State Line Rd Ste 340Leawood, KS 66206913-289-5502
United Fidelity Funding Corp (NMLS 34381) is licensed to lend in CA, CO, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MI, MN, MO, NC, NE, NH, NV, OH, OK, TN, TX and WI
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