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"J" Listings - Mortgage Glossary

  • Joint Venture – Business deal entered into by more than one party...
  • Jumbo Loan – Loans above the maximum loan amount established by Fannie Mae and Freddie Mac are known as 'jumbo' loans...
  • Junior Mortgage – Any mortgage that is recorded later than another mortgage on the same property and whose claim against the property...
  • Just Title – Also called "Clear Title." A title to ownership that is untainted by any claims...

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