Mortgage Glossary
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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. |
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