House deeds and car title tied up on mortgage

annehandkids Posts: 1, Reputation: 1

New Member

Nov 6, 2006, 09:18 AM

House deeds and car title tied up on mortgage

Can the bank tie a car title into a home mortgage loan?

Dr D Posts: 698, Reputation: 127

Senior Member

Nov 6, 2006, 09:45 AM

Absolutely Not. A mortgage is secured by real property (house); a car loan is secured by personal property (car),

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