submortgage
Definition
An arrangement in which a mortgage lender pledges a mortgage as collateral for his/her own loan.
This content can be found on the following page:
http://www.investorwords.com/4794/submortgage.html
email to a friend
 print this definition
 cite this definition
 link to this page
Copy and paste this HTML in your website to link to this page
Related Research Articles from the InvestorGuide.com University
Home Equity
Looking for a second mortgage or to borrow against the money you have down on your house? Find out all you need to know in this comprehensive article about home equity.
Mortgages
Learn how to find a mortgage. Learn how to choose between fixed-rate and variable rate mortgages. Understand what points are, and what term or duration is best for you. Learn about pre-qualification, credit history, down payments, refinancing, reverse mortgages, and related topics.
Introduction to Buying a Home
Learn the steps how to make a sound financial decision when buying a house. Understand what considerations are needed when it's time to decide how much to spend and whether it is better to rent or buy a home.
|
