A wraparound mortgage is a mortgage obtained from a seller wrapping around the existing mortgage on a property. Come to terms on a purchase price and rate when getting a wraparound mortgage with tips from a licensed mortgage broker in this free video on personal finance and real estate.
Expert: Adriel Torres
Contact: ultimatecredittoday.com
Bio: Adriel Torres has been in the mortgage business for over a decade. He has owned two mortgage companies and is a licensed mortgage broker.
Filmmaker: Christopher Rokosz
@rangerbat: I completely agree. Here I am looking for a great definition of a "wraparound mortgage", and this goofball comes up. He did NOT explain what a wraparound mortgage is.
RealtyStudioHD 7 months ago
So a wrap around mortgage is a mortgage that wraps around the existing mortgage.... More poignantly stated, a wrap around mortgage is a wrap around mortgage. That has to be the most nonsensical definition I have heard in a long time. Why did you post this video? Oh yeah, to plug yourself.
rangerbat 2 years ago