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2. Subordination (finance) - Wikipedia

   en.wikipedia.org/wiki/Subordination_(finance)

   The motivation is either the belief that improvement of the land will benefit the first lender or that the first mortgage requires that it be subordinated to a future construction loan. The subordination percentage of a security is the percentage of the total capital which is subordinate to the security in question. Thus, the security will not ...

3. Subordination agreement - Wikipedia

   en.wikipedia.org/wiki/Subordination_agreement

   Typically a subordination arises when there are two existing mortgages, a first mortgage and a second mortgage, and the mortgagor intends to refinance the first mortgage. If the holder of the second mortgage does not subordinate the lien of its mortgage to the new mortgage, the new lender will not refinance the first mortgage.

4. Subordinated debt - Wikipedia

   en.wikipedia.org/wiki/Subordinated_debt

   In finance, subordinated debt (also known as subordinated loan, subordinated bond, subordinated debenture or junior debt) is debt which ranks after other debts if a company falls into liquidation or bankruptcy. Such debt is referred to as 'subordinate', because the debt providers (the lenders) have subordinate status in relationship to the ...

5. How to refinance when you have a second mortgage - AOL

   www.aol.com/finance/refinance-second-mortgage...

   Piggyback mortgage: A piggyback mortgage helps fund a down payment on a house, allowing you to avoid paying for mortgage insurance or taking out a jumbo loan. 5 steps for refinancing your second ...

6. Owner financing: What it is and how it works - AOL

   www.aol.com/finance/owner-financing-works...

   Owner financing is an arrangement in which an owner or seller, rather than a bank or mortgage lender, extends financing to a buyer. This can be a viable option for buyers who don’t qualify for a ...

7. Secondary mortgage market: What it is and how it works - AOL

   www.aol.com/finance/secondary-mortgage-market...

   The secondary mortgage market is a financial marketplace, where investors buy and sell bundled packages consisting of many individual loans — called mortgage-backed securities.

8. Second mortgage - Wikipedia

   en.wikipedia.org/wiki/Second_mortgage

   Second mortgages, commonly referred to as junior liens, are loans secured by a property in addition to the primary mortgage. [1] [2] Depending on the time at which the second mortgage is originated, the loan can be structured as either a standalone second mortgage or piggyback second mortgage. [3]

9. What is a second mortgage, and how does it work? - AOL

   www.aol.com/finance/second-mortgage-does...

   A second mortgage is a home-secured loan taken out while the original, or first, mortgage is still being repaid. Like the first mortgage, the second mortgage uses your property as collateral.