Senior mortgage bond


 

Home
Site Map
Add Term
Search
About Us
Contributors

Senior mortgage bond

A mortgage bond which receives priority on the assets of a company over other bonds in the event of liquidation.

Senior mortgage bond

A bond that, in the event of bankruptcy, will be redeemed before any other bonds are repaid.



Senior mortgage bond

Similar Matches

Shared appreciation mortgage

Shared appreciation mortgage

A mortgage in which a borrower pays a below normal rate of interest to the lender on the understanding that the latter shares a proportion of the appreciation of the property.


Reverse annuity mortgages (RAM)

Reverse annuity mortgages (RAM)

Bank loan for an amount equal to a percentage of the appraisal value of the home. The loan is then paid to the homeowner in the form of an annuity.


Mortgage interest deduction

Mortgage interest deduction

A federal tax deduction for interest paid on a mortgage used to acquire, construct, or improve a residence.


Non status mortgage

Non status mortgage

Mainly for people whose income is difficult to assess using the standard method adopted by most conventional mortgage lenders. Bonuses, commission and seasonal work can cause income to vary over time or be difficult to guarantee and this may not be considered acceptable in order to get a loan. The main groups of people that opt for self-certification mortgages are: self-employed and unsalaried company directors, contract workers (increasingly common in technology-based industries), commission-based workers (often in sales, recruitment etc.), people with seasonal earnings. The interest rate you are charged will be higher to compensate the lender for the increased risk.


Euro mortgage

Euro mortgage

A mortgage taken out by those paid in Euros to avoid the need to exchange currency. 


Further Suggestions

fixed rate mortgage
Commercial Mortgage Backed Securities
Lehman Brothers Mortgage Backed Securities Index
base rate tracker mortgage
Junior mortgage
Private Mortgage Insurance
Federal National Mortgage Association
Government insured mortgage
mortgage indemnity
Veterans Administration (VA) mortgage
Biweekly mortgage
second mortgage
Insured Mortgage
Stepped discount mortgage
Delinquent mortgage
mortgage agreement in principle
Mortgage types
Portable mortgage
Mortgage Company
Blanket mortgage
Mortgage Insurance
Wrap Around Mortgage
Mortgage cash surplus
capped rate mortgage
mortgage broker


 
All rights Reserved. Do not copy without permission. T4 Innovations Ltd