Mortgage Professionals are standing by!
What is Foreclosure?
It's when a homeowner is unable to make principal and/or interest payments on their mortgage. The lender, a bank or building society, can seize and sell the property as stipulated in the terms of the mortgage contract.
Banc One Mortgage Corporation DBA California's Mortgage Bank, NMLS # 1202904. Licensed by The California Department of Business Oversight California under the Financing Law license # 60DBO-36333 and California Bureau of Real Estate License # 01958654. Banc One Corporation, DBA California's Mortgage Bank is not a chartered bank or trust company, or depository institution. It is not authorized to accept deposits or trust accounts and is not licensed or regulated by any state of federal banking authority.