You find the perfect home and we make it happen.
We make home buying easy and affordable, with great rates and local experts to guide you each step of the way.
Rest assured, our lenders are highly qualified.
Buying a new home? From scoping out the neighborhood to inspecting the roof, there are a lot of things to question. The lender handling your mortgage shouldn't be one of them. At Abound Credit Union, all our lending professionals have worked hard to qualify for the National Mortgage Licensing System and Registry.
Home Loan Subordination
If you are refinancing your first Home Loan and do not want to pay off your current second Home Loan or pay off and close your Home Equity Line of Credit, you must request Subordination from us.
To request Subordination, the following items must be submitted by fax (270) 219-7320 or emailed to email@example.com:
- 1003 / Form 65
- 1008, Underwriting Transmittal
- Verification of Income
- Current Home Appraisal
- Title Commitment
- Subordination Agreement (to be prepared by requesting lender) with dollar amount and signature request on the same page
- FedEx number if you would like the Subordination Agreement sent back by FedEx
- Signed Borrowers Authorization form
To print out a Subordination requirement form that you can fax back, click here.