you have to make clear in this case the answer should be the beneficiary (lender) unless you specified in Q9. A Subordination clause in a trust deed benefits: The truster intended or plan to get second mortgage. The borrower (trustor) benefits the most from a subordination clause since this makes it easier to obtain an additional loan on their property. For example, the buyer of vacant land can obtain a construction loan more easily if the loan against the land will be subordinated to the construction loan.
Just wanted to say thank you for your videos. I passed my real estate exam last week. 🙌🏽💕 I really appreciate all your doing to help us pass. 🙏🏽
Congratulations!
Where are you from ? Or what state did you take the test
@@anthonyedge4212 I live in NYC I pass the Virginia exam and I'm now with Keller Williams.
@@dezrenegilbert3635❤
you have to make clear
in this case the answer should be the beneficiary (lender) unless you specified in Q9. A Subordination clause in a trust deed benefits: The truster intended or plan to get second mortgage.
The borrower (trustor) benefits the most from a subordination clause since this makes it easier to obtain an additional loan on their property. For example, the buyer of vacant land can obtain a construction loan more easily if the loan against the land will be subordinated to the construction loan.
thank you!
You're welcome!