Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,906,483,756 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

junior mortgage
(redirected from second mortgage)

    Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.02 sec.
junior mortgage
One in which the lender’s claim against the owner is subordinate to that of a first mortgage holder or another claim which has priority.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Mentioned in?  References in periodicals archive?   Encyclopedia browser?   Full browser?
No references found
 
But defaulting on your second mortgage also has serious consequences.
Effects of Defaulting on Miami Luxury Homes' Second Mortgage by Mark Michael Ferrer / Real estate industry community
It''s possible to unlock this equity with a second mortgage or home equity loan, but the best option will depend on personal circumstances.
Understanding Second Mortgages and Home Equity Loans by Adam Singleton / Finance and Investment community
At its June meeting, the agency's board changed the rules to allow federal credit unions to modify a second mortgage to match the first one, even if that mortgage extends beyond the 20 years allowed by the agency's lending rules.
NCUA allows match on first, second mortgages by Credit Union Times
 
 
 
Encyclopedia
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.