Follow the steps to successfully complete the subordination request form.

1. Click ‘Get Form’ button to obtain the form and open it for editing.
2. Begin by providing the borrower name(s) at the designated field. Ensure accuracy and clarity as this information is critical for processing.
3. Enter the Medallion Bank loan number in the specified field. This number helps in identifying your request and linking it to the correct account.
4. Fill in the details of the person coordinating the subordination request, including their contact name, phone number, and email address. This allows the bank to reach out for any required clarifications.
5. Provide the lender's name and address in the respective fields. If the address to mail the subordination agreement differs from the lender's address, fill that in as well.
6. Indicate the reason for refinancing, such as a rate reduction or term change, in the provided field. This information assists in processing your application.
7. Specify if there is cash out involved by selecting 'Yes' or 'No.' If 'Yes,' provide the amount and purpose of the cash out.
8. Complete the current mortgage information section by entering the loan amount, loan term, and interest rate. Ensure that you specify if the rate is adjustable or fixed.
9. Review all entered information for accuracy. Once verified, you can then save any changes made to the form.
10. Finally, download, print, or share the completed form as needed for submission. Ensure you prepare the subordination request package with all additional documentation and payment for processing.

Complete your Medallion Bank subordination request online today.