Definition: a loan that is junior or subordinate to a first mortgage , normally taken out when the borrower needs more money
Pronunciation:
Used in a Sentence: We took out a second mortgage on the property when we had to replace the roof.
Most Popular Courses
-
FL 63-HR Real Estate Online Course (Video On-Demand)
Regular price From $197.00Regular priceUnit price per$497.00Sale price From $197.00Sale -
Pass First Try Real Estate Exam Prep Bundle
Regular price $197.00Regular priceUnit price per$497.00Sale price $197.00Sale -
FL 45-HR Online Post License Course (Video On-Demand)
Regular price $157.00Regular priceUnit price per$397.00Sale price $157.00Sale -
14 Hour Continuing Education for Real Estate Professionals - Textbook & Online Exam
Regular price $39.97Regular priceUnit price per$77.00Sale price $39.97Sale
-
Get Ready for 2025
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...
Get Ready for 2025
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 ...
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 ...
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...
-
Buyer Representation
We are thrilled to invite you to an exclusive live broadcast happening today at 12 PM Noon Eastern. This session is tailored for real estate professionals eager to stay...
Buyer Representation
We are thrilled to invite you to an exclusive live broadcast happening today at 12 PM Noon Eastern. This session is tailored for real estate professionals eager to stay...
