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Welcome to Creative Financing

Wraparound Mortgage Explained

When  a buyer can’t qualify for a traditional mortgage loan, it can make for a  rough sale for both the buyer and seller alike. While the situation may  seem impossible, there may be another financing option for both parties  to close the deal.

A wraparound mortgage can get the buyer the financing needed to  purchase the home and can even make the seller a profit. However, there  are several risks involved, so it’s important to know what you’re  getting into before using it to buy or sell a home.



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