Secondary Mortgage Loan

Business / Loan / Secondary Mortgage Loan: A mortgage loan that is in addition to a mortgage that already exists on the home.

Other Words for Loan

Loan Verb Synonyms: advance, allowance, credit, accommodation
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Other Words for Secondary

Secondary Verb Synonyms: less important, unimportant, inessential or unessential, non-essential, non-critical, subsidiary, ancillary, minor, inferior, subordinate
Secondary Noun Synonyms: auxiliary, second-line, backup, extra, reserve, spare, provisional, supporting, supportive, alternate, alternative
Secondary Adverb Synonyms: derivative, derived, indirect, second-hand, unoriginal, not original, copied, imitated
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Purchase Money Loan

Business / Loan / Purchase Money Loan: A loan for the purpose of purchasing a home. MORE

Purchase Loan

Business / Finance / Purchase Loan: A consumer loan taken to finance a purchase. MORE

Project Loans

Business / Finance / Project Loans: Usually FHA-insured and HUD-guaranteed mortgages on multiple-family housing complexes, nursing homes, hospitals, and other special development. MORE

Purchase-Money Mortgage

Business / Finance / Purchase-Money Mortgage: A mortgage given by a buyer in lieu of cash when the buyer is unable to borrow commercially for the purchase of property. MORE

Purpose Loan

Business / Finance / Purpose Loan: A loan that is backed by securities and that is used to buy other securities under certain government regulations. MORE

Recourse Loan Program

Business / Agriculture / Recourse Loan Program: Under the FAIR Act of 1996, recourse loans are available to producers of high moisture corn and seed cotton, dairy processors, and sugar processors. The commodity is pledged as security, but in contra MORE

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