New York Subordination of Mortgage Agreement
New York lenders, prepare a Subordination of Mortgage Agreement with this template form.
Under the Subordination Agreement, the holder of a first mortgage on a property (the original lender) agrees to allow its mortgage to be subordinated to a new mortgage being placed on the property, which will become the new first mortgage.
This New York Subordination of Mortgage form is in MS Word format and is fully editable.
Download: New York Subordination of Mortgage Agreement
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