LoanAmount vs. loan1LoanAmount


#1

When you export from Foreclosure Radar into excel, there are fields named “LoanAmount” and “loan1LoanAmount.” What is the difference between these two?


#2

The “loan amount” in the exported list refers to the foreclosing loan. We also use a computer model to determine lien position. The “loan1Loan amount” represents the loan in 1st lien position. Keep in mind that this is a computer model that we are using and you should always verify the lien position by doing a search at the county recorders office.