Lien that will be paid after earlier liens have been paid. See also Junior Mortgage; Subordination.
Junior Lien
| Business Dictionary: Junior Lien |
| 5min Related Video: Junior Lien |
| Real Estate Dictionary: Junior Lien |
Same as Junior Mortgage.
Learn More
 | Junior (legal term) |
| Lien, Junior |
| Purchase Money Mortgage |
Help us answer these
 | Does junior lien bk delay the foreclousure process? |
| What type of mortgage creates junior lien? |
| Is a homeowners association considered a junior lien holder in terms of foreclosure proceeds? |
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 | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
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| Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
Related answers
- Can a junior lien be interest only?
- Can a debtor give a junior lien in proparty that has first lien?
- What is after a junior?
- What is lien?
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Answer these
- How Son file a junior lien?
- Can the borrower refuse a junior lien if late with payments of promissory note?
- Are you lien?
- What is the lien?
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