Definition: A mortgage, such as a second mortgage, that is subordinate in right or lien priority to an existing mortgage on the same real property.
Pronunciation: \ˈjün-yər\ \ˈmȯr-gij\
Used in a Sentence: The second mortgage on the property is considered a junior mortgage.
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What are your plans for 2025? Now, if you're thinking, "It's only October," you're absolutely right! It's October 4th, and believe it or not, there are only 89 days remaining...
How to Start a Full-Time Real Estate Career in Florida Thinking of embarking on a real estate career in the Sunshine State? Florida presents lucrative opportunities for real estate professionals...
How to Start a Full-Time Real Estate Career in Florida Thinking of embarking on a real estate career in the Sunshine State? Florida presents lucrative opportunities for real estate professionals...
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