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Construction lein

Discussion in 'Banking, Finance, Investments' started by huntercat, May 5, 2007.

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  1. May 5, 2007 #1
    huntercat

    huntercat Law Topic Starter New Member

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    I have a contruction loan and a mechanics lein was just placed on it. An invester I know wants to place a second mortgage on my loan after giving me a cash advance to insure he will recieve his funds at closing. Will a bank let him do this with a lein on my loan?
     
    huntercat, May 5, 2007
    huntercat, May 5, 2007
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