September 1



Share this


The gradual repayment of a debt in a series of equal periodic amounts until the total debt, including interest, is paid in full. Senior loans are typically amortized over 30 years, whereas junior loans are generally amortized over a much shorter time period.

« Back to Glossary Index

Loved this? Spread the word

About the Author


Related posts

Junior Mortgage

​Read More

Junior Lien

​Read More

Judgement Proof

​Read More

Judicial Foreclosure

​Read More
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Subscribe to our newsletter now!