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Wraparound Mortgage A mortgage that includes the remaining balance on an existing first mortgage plus an additional amount requested by the mortgagor. Full payments on both mortgages are made to the wraparound mortgagee, who then forwards the payments on the first mortgage to the first mortgagee.
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Realty Executives SB
8575 Fern Ave., Suite 105
Shreveport, LA 71105
Each office is Independently Owned and Operated
Licensed by Louisiana Real Estate Commission
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