Last reviewed 08-20-2026Short-Sale.com Editorialglossary

SECONDARY FINANCING

California Department of Real Estate

Updated 08-20-2026

SECONDARY FINANCING

A loan secured by a second mortgage or trust deed on real property. These can be third, fourth, fifth, sixth mortgages or trust deeds, on and on ad infinitum.

California Department of Real Estate Glossary

California Department of Real Estate · p. 30

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