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Mortgage Definition: Subordination | Zillow Blog
Oct 12, 2010 . In plain English: getting a subordination completed by the lender who holds the second mortgage means that the lender agrees to have their .
http://www.zillow.com/blog/2010-10-12/mortgage-definition-subordination-2/

What is second mortgage? - BusinessDictionary.com
Definition of second mortgage: Loan secured by the home owner's equity (market value of the property less balance on the first mortgage) in a property that is .
http://www.businessdictionary.com/definition/second-mortgage.html

What Does Taking Out a Second Mortgage Mean? | Home Guides ...
Taking out a second mortgage means getting another loan--in addition to your original mortgage--that uses your home as collateral. Because your house is on .
http://homeguides.sfgate.com/taking-out-second-mortgage-mean-9304.html

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Silent Second Mortgages - The Mortgage Professor
The smaller of the frauds arises when the second mortgage replaces part or all of a . This means that the seller has an unsecured loan until the transaction is .
http://www.mtgprofessor.com/silent_second_mortgages.htm

What is a second mortgage loan or "junior-lien"? - Consumer ...
Mar 22, 2012 . Some second mortgages are “open-end” (meaning you can continue to take cash out up to the maximum credit amount and, as you pay down .
http://www.consumerfinance.gov/askcfpb/105/what-is-a-second-mortgage-loan-or-junior-lien.html


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  • What Does Carry a Second Mortgage Mean? | eHow.com
    What Does Carry a Second Mortgage Mean?. To carry a second mortgage means that you have used the equity in your home to get another secured loan .
    http://www.ehow.com/info_7958820_carry-second-mortgage-mean.html

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Definition of a Purchase Money Mortgage - Budgeting Money
. a "purchase money mortgage" means what it appears to describe -- a loan that . purchase price or offer to "take back" a purchase money second mortgage.
http://budgeting.thenest.com/definition-purchase-money-mortgage-4078.html

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    1. Stand Alone Second Mortgage Definition | eHow.com
      Stand Alone Second Mortgage Definition. A stand alone second mortgage is a type of second mortgage funded separately from the purchase or refinance .
      http://www.ehow.com/info_8307684_stand-alone-second-mortgage-definition.html


      Silent Second Mortgage Definition | Investopedia
      A secondary mortgage placed on an asset that is not disclosed to the lender of the original loan. Silent second mortgages are used when a purchaser can't .
      http://www.investopedia.com/terms/s/silent_second_mortgage.asp

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