Picture of New York Subordination of Mortgage Agreement Picture of New York Subordination of Mortgage Agreement

New York Subordination of Mortgage Agreement

Prepare a Subordination of Mortgage Agreement with this template form for New York lenders.

  • 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.
  • The new mortgage will become the first charge.
  • The purpose of the agreement is to induce the new lender to approve the new mortgage.
  • Available in MS Word format and fully editable.
  • Intended to be used only in the State of New York.
Document Type: Microsoft Word
Last Updated: 26-January-2024
SKU: 4632
$9.99
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