Junior Mortgage

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Junior mortgage

A mortgage that will be satisfied only after more senior mortgages have been satisfied. E.g., a first mortgage will be satisfied prior to a second or a third mortgage.

Junior Mortgage

A mortgage secured by a lien on a property that is subordinate to another mortgage on the same property. One may take out a junior mortgage to pay for home repairs or for any number of other reasons. A junior mortgage carries a higher interest rate than a primary mortgage because the lien is less secure. A second mortgage is a junior mortgage, as are third and fourth mortgages. See also: Piggyback mortgage.

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capital stack Hipoteca subordinada junior lien or mortgage lifting clause refinance senior mortgage			In a deal with a senior mortgage lender and a junior mortgage lender, the loan held by the senior lender must be paid off first. Lender infighting on the rise by Jones, David / The Real Deal Apparently, the trial court applied a theory that by failing to foreclose its junior mortgage, D. Disbursement of surplus proceeds from a foreclosure sale - the urban ... by Perlin, Asher; Hankin, Sandra; Ben-Ezra, Marc A. / Florida Bar Journal The Real Property, Probate and Trust Law Section had four additional positions authorized, including: * Opposing bills that would redefine title insurance to exclude junior mortgages and home equity loans. Sections take positions by Florida Bar News			Journal of Government Financial Management JP JPY JSE JTWROS judge-made law judgment judgment creditor judgment debtor judgment in rem judgment lien judgment-proof judicial foreclosure judicial landmark Juego de suma cero Julliard v. Greenman Jumbo CD Jumbo Certificate of Deposit Jumbo Loan jumbo mortgage Jump ball Junior Capital Pool Junior Debt Junior Issue junior lien or mortgage Junior Mortgage Junior Refunding Junior Security Junior Stock Junk Bond junk fees Junk Financing Junk Muni-Bond Fund Junsui Kitai Kasetsu Junta arbitral Junta de directores Jurat Jurgen Stark jurisdiction Jurisdictional Arbitrage Jurisprudencia Juristic Act Juro Juro composto Juro pos fixado Juro prefixado Juros a pagar Jury of Executive Opinion just compensation Just In Case Just In Time			junior lightweights junior lightweights Junior Mafia Junior Maine Guide Junior Maine Woodsman Junior Maintenance Officer's Course Junior Managers Training Programme Junior Marine Engineering Mechanic Junior Marketing Executives Circle Junior Master Gardener Junior Mathematical Congress Junior Meat Goat Show Circuit Junior Medical Camp Junior Medical Officer Junior Medical Staff Junior Members Round Table junior middleweight junior middleweight junior middleweights Junior Military Officer Junior Mining Stocks Junior minister Junior ministers junior miss Junior Mission for All Junior Model United Nations Junior Mortgage Junior Mortgages Junior Mortgages Junior Mortgages Junior Mountaineering Club of Scotland Junior Musical Theatre Company Junior Musicians Yacht Club Junior National Championship Junior National Hereford Expo Junior National Honor Society Junior National Qualifier Junior National Student Leadership Conference Junior National Tennis Rating Program Junior National Young Leaders Conference Junior Non Commissioned Officer Junior Non Fiction Junior Non-Commissioned Officers Course Junior Note Junior Notes Junior officer Junior Officer Advisory Group Junior Officer Cryptological Career Program Junior Officer Developmental Support Form Junior Officer Leadership Development and Training Seminar Junior Officer of the Day Junior Officer Of the Deck Junior Officer Of the Watch

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