A Closer Look at Wraparound Financing

  • December 22, 1980
  • • Written by: Leonard Zumpano Edward Mansfield Jonathan Davies

Fall/Winter 1980, Vol 5, No 2

Abstract: The wraparound mortgage is an extremely versatile financing device useful in many types of real estate transactions. This article classifies wraparound mortgages, discusses wraparound yield estimating, shows how wraparound mortgages can be used and explores the risks and pitfalls awaiting unsophisticated users of the technique.