-J-
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Joint Tenancy
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an interest in property taken by two or more joint tenants.
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Jumbo Mortgage
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a mortgage that does not conform to the limits (currently
a maximum of $240,000) set forth by Fannie
Mae and Freddie
Mac.
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Junior
Mortgage
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a mortgage subordinate to another mortgage. An example would
be a second mortgage,
which is subordinate to a first mortgage.
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Mortgage Glossary © Copyright 2004, 2008
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