When you create a loan subject-to an existing mortgage, NoteHarbor auto-creates the underlying liability loan and links it. You enter the underlying balance, rate, term, payment, dates, and the date you took the loan over for accurate amortization.
The underlying login
On a subject-to loan, the Underlying loan login card stores the underlying servicer's portal URL, username, and password so you can keep paying it. The password is encrypted at rest (AES-256-GCM) and only revealed to an Owner/Admin.
Duplicate-address guard
While entering the property address, NoteHarbor warns you if it resembles a property you already have — so you don't accidentally tie two loans to the same address.