Q & A Saturday – What is a Wrap Mortgage?

Welcome to our Q & A Saturday video.

In these Q & A Videos we will answer your questions about real estate.  Any real estate related topic from questions about selling your house, buying a house, real estate investor questions, land lording questions, local market questions and many others things are all fair game. 

Today’s question is “What is a Wrap Mortgage?”

Wrap Mortgage - Creative Real Estate

In this video Shaun gives a quick overview of what a wrap around mortgage is and how it relates to other types of financing:


Some of the main points covered in this video are:

1)      What is the basic definition of a Wrap Mortgage

2)      How it differs from Subject To purchases

3)      Some of the advantages of this strategy


I hope enjoyed this video and it clarifies what a Wrap Mortgage is and how it is used.  The paperwork and logistics are a little more complicated and should be set up with an attorney that understands the concept of taking mortgages subject to and how to structure a wrap around mortgage.  This is a great strategy to protect both the buyer and seller and get a seller paid more when they have a lot of equity in a property that still has an existing mortgage on it.  Please note that everyone’s situation is unique and to know the specific impact these will have on you consult your attorney, accountant and mortgage specialist.


Hope you enjoyed the video and leave any other questions you have about the topic below or any other topics you would like to see covered in future videos.  I encourage anyone that has things they would like to talk about to let me know what they are.  You can always fill out a contact us form here and put Q & A in the subject, just leave a comment with your questions below here, send an email to info@masshomesale.com, or post it on our Facebook page or Twitter account.


Some of the articles mentioned in the video:

–          All of our articles and videos on Financing

–          Q&A Saturday #1 – What is Seller Financing?

–          Q&A Saturday #2 – What is Subject to Financing?




(Image Credit: adaptation of “Wrapped-Up-House“)




  1. Brilliant article

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