Mortgage Subordination Policy

If the City holds the lien that is hampering the owner's ability to mortgage their property the owner can apply to the City for subordination. A subordination agreement provides for the City's lien to take a junior position and allows the new mortgage provider's lien (mortgage) to have a senior position ahead of the City. The City has a strict set of guidelines (PDF) outlining the circumstances under which subordination will be considered.

Those interested in applying for a mortgage subordination may fill out a Subordination Request Form (PDF) and deliver or mail it to the City's Housing Rehabilitation Office, 330 Ford Street, Ogdensburg, NY 13669. All information is strictly confidential.