senior mortgage

Definition

First mortgage on a property, payment of which takes priority over the other (junior) mortgage(s) on the same property.

Popular 'Banking, Commerce & Finance' Terms

senior mortgage in the news

Loading...

This content can be found on the following page:

http://www.businessdictionary.com/definition/senior-mortgage.html

Search for another term



Tools

senior mortgage is...

... in the Banking, Commerce & Finance subject.

Nearby Terms

Search volume for senior mortgage

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z