How do I obtain a Subordination Agreement on my second lien with Ocwen so that I can refinance my first mortgage?
Ocwen’s Subordination Department will provide a subordination requirements list to you or your mortgage company. If the proposed refinance meets all criteria, and a non-refundable fee is paid, a Subordination Agreement will be executed. To request subordination information in writing, send your request to Ocwen, Attention: Subordination Department, 950 West 13th Street, Bay 3, Riviera Beach, Florida 33404 or fax your request to (561) 682-8445. Please be sure to include your loan number. If you would like to speak to someone regarding the subordination process, you may leave a voice mail message at (561) 682-8835 and your call will be returned within 48 hours. The subordination process will take 2-3 weeks after the requirements are met.
- When refinancing a junior lien to the Relief Refinance Mortgage, does the HELOC limit have to be reduced if the full amount of the loan was not drawn?
- Will MassHousing subordinate a Get the Lead Out or Septic Repair or Home Improvement loan mortgage lien if I refinance my current first mortgage?
- How do I obtain a Subordination Agreement on my second lien with Ocwen so that I can refinance my first mortgage?