secondary financing

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Second Mortgage

A mortgage secured by a property lien that is subordinate to another mortgage on the same property. One may take out a second mortgage to pay for home repairs or for any number of other reasons. A second mortgage carries a higher interest rate than a primary mortgage because the lien is less secure.

secondary financing

See junior lien or mortgage.

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No references found			either the FHA-approved lender making the new mortgage or the existing note holder may take back a second lien that includes closing costs, arrearages or previous secondary financing if the indebtedness exceeds FHA prescribed LTV and maximum mortgage amount limits". FHA Here to Stay - Part Two by TPJaveton / Finance and Investment community Owner will entertain some flexible secondary financing for a qualified buyer. Business For Sale; 75 -- Auto Repair, Services & Parking; AUTO CAR ... by Businesses for Sale: FirstList Fear of default often precludes sellers from financing the transaction or taking back secondary financing. Could seller financing be a solution to current log-jam? by Mehra, Shallini / Real Estate Weekly			SEC Yield Secert Ballot Second second bite of the apple Second Cruzeiro Second Fundamental Welfare Theorem second home Second market second mortgage Second mortgage lending Second pass regression Second Preferred Second Round Second Section Second State Pension Second Sudanese Pound Second-Class Mail second-generation space Second-Preferred Stock Second-Tier Stock Second-to-Die Insurance Secondary Bank Secondary Distribution Secondary distribution/offering secondary easement secondary financing Secondary Issue secondary market secondary mortgage market Secondary Mortgage Markets Secondary Offering Secondary Public Offering Secondary reserves secondary shares Secondary Stock Secondary Stocks Secondary Trade Secondary Trend Secondo le regole secret profit Secret Reserve Secretariat Secretary of Agriculture Secretary of Commerce Secretary of Defense Secretary of Energy Secretary of Housing and Urban Development Secretary of Labor Secretary of State Secretary of the Interior Secretary of the Treasury			Secondary Epidermal Lamellae Secondary era Secondary era Secondary Escape Estimation Secondary ether Secondary ether Secondary ether secondary evidence secondary evidence secondary exit secondary expansion secondary expansion secondary expansion secondary expansion secondary expansion secondary extinction secondary facade secondary façade Secondary Failure of Platelet Recovery Secondary Failure to Oral Hypoglycemic Drugs Secondary Feeder secondary feeders secondary female characteristic secondary fermentation Secondary fever secondary fibrinolysis secondary fibrinolysis secondary fibrinolysis Secondary Finance Secondary Finance secondary financing Secondary Fisher Conservation Area secondary fissure Secondary Flight Control Computer Secondary Flight Display Repeater Secondary Flight Display System secondary flow secondary focus secondary follicle secondary fracture secondary fragment Secondary Freon Loop secondary front secondary g's secondary g's secondary g's secondary gain secondary gain secondary gain secondary gain secondary gain secondary gangrene Secondary General-Education School secondary geosyncline secondary gestation secondary giantism secondary giantism secondary giantism secondary glacier secondary glandular failure secondary glaucoma

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