I have not, but I wouldn't want to be involved with one without an attorney. Many aren't actually allowed based on what is written in the terms of the current loan and like Fred Griffin said, it can violate the Due on Sale Clause in most loans these days.  They are messy business in my opinion and not my area of expertise. -Kasey

No 

No. Why do you ask?

No, I haven't heard of that since I took my classes for my license!!

Never.

No.

No.  Most of them are violations of the due on sale clause.  See an Attorney before playing that game.

Yes. Over ten years ago they were not so uncommon.

But keep in mind, ten years ago my cat could get a mortgage.

In what context do you present this question?
Often, those outside the industry get exposed to new lending instruments before we do. Please share.

Yes, but not on a single family home

I had a couple ofclients ask about them several years ago, but other solutions were found, so no, I have never been involved in a transaction with one. 

No but I've read about them and would sure like to do it some day.

nope, no experience with them at all.

I take place in Trader Joe's wraps about 3 times per week for lunch. Otherwise, no wraparounds experience.

Years ago when they were popular and financing was tough I did sell a couple of properties with this type of creative financing. I can't see that at today's low rates it would be necessary.

Yes, long ago.

No.

Yes.

abby tiscareno - not yet. Not so much known now-a-days.

Yes

No we have not taken part in a wraparound mortgage.  

No have never been involve with one.

No I haven't. 

No.

no...never needed to for me or a client...

Not common these days.  Have never done it myself but have done other successful creative financing things.

abby tiscareno I have never taken part in a wrap, but I do know prople who have. It works only if a loan is assumable and it's not used to circumvent the lender. Using it to circumvent the lender will more than likely to enforce the Due on Sale clause.

No

I have not seen it since the recession. Most often simply stated as a second mortgage. More often used when a seller can not sell their home or investment property, and helps a buyer qualify by giving them a second mortgage

No

not at this time

no

Yes, several years ago. 

no

Years ago on a commercial property, but I heard it can be used for residential home purchases as well, for example, in situations when a buyer with a bad credit can not get a traditional funding. 

abby tiscareno I have not, yet.