For those who see that it mortgage, the lender will have a mortgage in your house
(h) It’s illegal for someone whom starts a protected loan in order to highly recommend or encourage a customers so you’re able to standard to your a current consumer loan and other obligations concerning the the latest solicitation otherwise and then make out of a secured mortgage that refinances all otherwise one bit of existing personal loan or loans.
(i) A secured mortgage will perhaps not consist of a call supply that allows the lending company, in only discretion, in order to speeds the indebtedness. (more…)