Michael Hege' RA, CDPE
Michael Hege' RA, CDPE
(808) 225-3660
Aloha

Aloha - If you are interested in Ko Olina Vacation Rentals - Click on "Contact Michael" & I'll Send you some Info.

Click on Contact Michael if you'd like to say hello! Mahalo - Michael Hege' RA


Real Estate Glossary

  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.

 

[ Back To Real Estate Glossary ]