Mortgage Glossary

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Judgment Lien

A lien on the property of a debtor resulting from the decree of a court.

Jumbo Loan

A loan that exceeds the mortgage amount eligible for purchase by Fannie Mae or Freddie Mac. Also called "nonconforming loan."

Junior Mortgage

A loan that is subordinate to the primary loan or first-lien mortgage loan, such as a second or third mortgage.

Link to This Page:

Mortgage Calculators : Mortgage Calculator | Amortization Calculator | Heloc Calculator | Mortgage Qualification Calculator

MortgageSum.com is not responsible for the accuracy of the rate, APR, mortgage calculations, and loan information.

Ask An Expert