Solved: What does it mean "is this loan secured by a residence of yours?" on Schedule A line 2d? Yes or No. This is for my main home mortgage.

What does it mean "is this loan secured by a residence of yours?" on Schedule A line 2d? Yes or No. This is for my main home mortgage.

posted

It means that the loan is a lien against the property.

Yes, a mortgage is secured by the home.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

It means that the loan is a lien against the property.

Yes, a mortgage is secured by the home.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

What does it mean "is this loan secured by a residence of yours?" on Schedule A line 2d? Yes or No. This is for my main home mortgage.