Underlying Loan Payments

There are sometimes instances when the Seller/Lender of real property may have an underlying encumbrance of a real estate contract, deed of trust, or mortgage. For FINS to pay on an underlying encumbrance usually protects the new Buyer/Borrower. There have been instances when the new Seller/Lender’s encumbrance is paid off before the underlying debt. Also, there are instances when the new Buyer/Borrower is current in its payments, but the new Seller/Lender has not been paying the underlying debt, and foreclosure starts.


Some underlying encumbrances have Due on Sale clauses. The parties need to view the terms of the underlying encumbrance to determine if there is a Due on Sale clause. Even if there is a Due on Sale clause, sometimes the underlying encumbrance holder will waive the Due on Sale provisions.

Frontier Independent Note Servicing

Phone Number: 360-474-4920

FAX Number: 360-474-4925

Address: 420 N MacLeod #5 Arlington, WA 98223

PO Box 249 Arlington, WA 98223

Email: ContactUs@UseFins.com