Second Mortgage
What is it? A loan on property which already has an existing mortgage(the first mortgage). The second mortgage is subordinate to the first.Added By: Kaitlyn
The Second Mortgage definition has been viewed 32 Time(s)!
Send To Friends!
If you'd like to send the Second Mortgage definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Second Mortgage. If you need any more information on this term, please don't hesitate to contact us.