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How to fill out becu subordination request form

01

Step 1: Obtain a copy of the BECU subordination request form. This form can typically be found on the BECU website or by contacting their customer service.

02

Step 2: Fill out the borrower information section, including your name, contact details, and loan account number.

03

Step 3: Provide details about the existing lien or mortgage being requested for subordination. This includes the lender's name, contact information, loan account number, and the outstanding balance.

04

Step 4: Fill out information about the new loan or lien that will take priority over the existing one. This will include the new lender's name, contact information, loan account number, and the intended loan amount.

05

Step 5: Sign and date the form, ensuring all information is accurate and complete.

06

Step 6: Submit the completed form to BECU through the specified submission method, such as mailing it to the provided address or submitting it online through their secure portal.

07

Step 7: Follow up with BECU to ensure the subordination request form was received and processed. You may need to provide additional documentation or information if requested by BECU.

Who needs becu subordination request form?

01

Those who have an existing loan or mortgage with BECU and intend to obtain a new loan or lien that requires the existing loan to be subordinate may need to fill out the BECU subordination request form.

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What is becu subordination request form?

The BECU subordination request form is a document used to request the subordination of a loan or mortgage, allowing a new loan to take priority over an existing loan.

Who is required to file becu subordination request form?

Homeowners who wish to refinance or take out a second mortgage that will have priority over their existing BECU loan must file a BECU subordination request form.

How to fill out becu subordination request form?

To fill out the BECU subordination request form, provide personal information such as your name, address, loan number, and details about the new loan you wish to subordinate, then submit it to BECU for processing.

What is the purpose of becu subordination request form?

The purpose of the BECU subordination request form is to formally request that BECU subordinate its lien position, allowing a new loan to take precedence over an existing loan.

What information must be reported on becu subordination request form?

The form typically requires information such as borrower details, the existing loan number, details of the new loan, and any other relevant information pertaining to the refinancing or loan modification.

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