Sheriff Sale-looked up deed & found ....

Hi,
Found property in paper for sheriff sales that interest me. Started doing homework and found in the paperwork, Open End Mortage. What is this?
Thank you,

Comments(1)

  • TheShortSalePro1st June, 2003

    An "open ended" mortgage allows for the Borrower to secure additional funds, usually stipulating a ceiling amount that can be borrowed.

Add Comment

Login To Comment