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Virgin Money Basic Family Mortgage

Overview of the Basic Program

By , About.com Guide

The Basic package handles the toughest legal requirements of a family mortgage. You may feel comfortable with the logistics of payments, but you might not be qualified to draft a loan agreement. Likewise, filing acceptable documents with government offices is complicated - and it’s important to do it right.

The Basic package handles the items above for you. If you mostly need help with the legal details, it may do the trick. You can also shop local attorneys to see how they compare - especially if your situation is complex.

With the Basic package, the loan is secured. The lender has a lien on the property, and Virgin Money uses documents they believe to be acceptable in your state.

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