Sentences with phrase «even junior liens»
Even junior liens with no equity (or low equity) can still be viable investments because the borrower usually has a vested interest in the property, and traditional equity may not always be the sole factor when it comes to remaining in the home.
https://www.biggerpockets.com/ Not exact matches
Actually, I don't even know if there is a junior lien holder, or if there has been a negotiator assigned to the case.
A junior lender may also want a lien on the store's business assets, but be aware that senior lenders can be nervous about granting such a lien, even though a senior lender's lien comes first.