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subordinate loans

Define: subordinate loans Definition: Subordinate loans are any mortgage priority than the first mortgage. This includes a second mortgage at the time... read more →

What is an assumable loan?

Define: What is an assumable mortgage? Definition of assumable mortgage: An assumable mortgage is a mortgage loan that can be taken over... read more →

Refinance (home loan)

Definition: refinance (home loan) Getting a new mortgage to replace the original one is known as refinancing, and is done... read more →

What are capital gains?

Definition: capital gains Capital gains are the profits from the sale of a property or an investment.