Here is the outline
No its a private agreement, when the arrears are brought up to date should be be any issue with the mortgage company agreeing to this?
Yes and in fact she is giving me the money for my business but she is securing this against my house. She trusts me as we have worked together for some years. We are primary concerned that this agreement as we have outlined have makes sense, then she will pay the arrears and I will then inform the mortgage company.