USA Subordination Agreement

Prepare a Subordination Agreement between a mortgage lender (mortgagee) and a home owner with this template form for the USA.

• The mortgagee agrees to subordinate its security interest under a mortgage on the owner's property to another loan, which will allow the second loan to take priority to the first mortgage until the second loan has been paid off.
• The first mortgage will remain a lien on the property.
• The second lender will notify the mortgagee of any default by the owner in payment on the second loan.
• Includes an Acknowledgement of a Notary Public form.

This USA Subordination Agreement is provided in MS Word format and is fully editable.