Form DBO-CRMLA8019 Agreement for Modification, Re-amortization, or Extension of a Mortgage - California (Tagalog)

This is a legal form that was released by the California Department of Financial Protection and Innovation - a government authority operating within California.

The document is provided in Tagalog. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form DBO-CRMLA8019?A: Form DBO-CRMLA8019 is an Agreement for Modification, Re-amortization, or Extension of a Mortgage specific to the state of California.

Q: What is the purpose of Form DBO-CRMLA8019?A: The purpose of Form DBO-CRMLA8019 is to document the agreement between the borrower and lender for modifying, re-amortizing, or extending a mortgage.

Q: Who is required to use Form DBO-CRMLA8019?A: The borrower and lender involved in modifying, re-amortizing, or extending a mortgage in California are required to use Form DBO-CRMLA8019.

Q: What should be included in Form DBO-CRMLA8019?A: Form DBO-CRMLA8019 should include the details of the original mortgage, the proposed modifications, re-amortization terms, and any changes to the interest rate or payment schedule.

Q: Is Form DBO-CRMLA8019 specific to any language?A: Yes, Form DBO-CRMLA8019 is specific to the Tagalog language, which is widely spoken in the Philippines and by Filipino communities in the United States.

Q: Are there any fees associated with submitting Form DBO-CRMLA8019?A: There may be fees associated with submitting Form DBO-CRMLA8019. It is recommended to check with the California Department of Business Oversight for the current fee schedule.

Q: Is it necessary to have a lawyer involved when using Form DBO-CRMLA8019?A: While it is not required to have a lawyer involved, it is advisable to consult with a legal professional when modifying, re-amortizing, or extending a mortgage to ensure all legal requirements are met.

Q: Can Form DBO-CRMLA8019 be used for mortgages outside of California?A: No, Form DBO-CRMLA8019 is specifically designed for mortgages in California and may not be applicable to mortgages in other states.

Q: What happens after Form DBO-CRMLA8019 is submitted?A: After Form DBO-CRMLA8019 is submitted, the lender will review the proposed modifications and either accept or reject them. It is important to follow up with the lender for further instructions.