Junior Mortgage Loans definition

Junior Mortgage Loans means performing junior commercial floating rate mortgage loans secured by first liens on commercial, office, retail, industrial, multi-family, hospitality or self-storage properties.
Junior Mortgage Loans means Mortgage Loans secured or collateralized by Junior Mortgages.
Junior Mortgage Loans means Mortgage Loans secured or collateralized by Junior Mortgages; such loans mayor may not provide for additional recourse to the borrower personally.

Examples of Junior Mortgage Loans in a sentence

  • Related party notes Renegotiating note55 AMERICAN REALTY INVESTORS, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued) Junior Mortgage Loans.


More Definitions of Junior Mortgage Loans

Junior Mortgage Loans means Mortgage Loans secured or collateralized by Junior Mortgages. "Long-Term" in relation to loans shall mean loans having a maturity (disregarding sinking fund or optional
Junior Mortgage Loans means Mortgage Loans secured or collateralized, at the time of acquisition thereof, by Junior Mortgages.