Submortgage

An arrangement in which a mortgage Lender pledges a Mortgage as Collateral for his/her own Loan.

Related Terms: 7 Collateral, Lend, Lender, Loan, Mortgage, Own, Range

Other Related Pages: Category: Real_Estate Starting With: S

Additional Related Terms: Allowance for depreciation, At par, All or any part, At best, At call, At risk, As is, Attorney in fact, Adjustable Rate Mortgage, After-acquired collateral