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    carl allen's Avatar
    carl allen Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 26, 2012, 05:30 PM
    Deed holder or mortgage holder
    Who has the most control over the property? The mortgage holder or the deed holder.
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
    Expert
    		  
    #2

    Aug 26, 2012, 05:54 PM
    The powers that each has depends on the situation. You're going to have to explain more about your situation to receive a proper answer.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Aug 26, 2012, 06:00 PM
    Do you mean the mortgage borrower or the mortgage lender.

    The deed holder owns the property subject to the mortgage lien.

    But as Lisa said, if you explain why you ask we can helpmore.

    And please don't keep posting the same question. To follow-up please respond to this thread.
    Magpie95's Avatar
    Magpie95 Posts: 97, Reputation: 14
    Junior Member
    		  
    #4

    Aug 27, 2012, 04:49 PM
    I audit bank mortgages for a living. As far as ownership goes, the deed is more powerful... the Note/security instrument/mortgage does not give you ownership of the property. However, if the note is not paid, the bank can take possession of your home even if the note is in a different name than the deed.
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