Soft Second Mortgage
Last updated 2026-08-01
HUD Housing Counselors Glossary
Updated 2026-08-01
Second mortgage that is subsidized by a down payment assistance program. Payments on the loan are deferred under certain conditions, and the full loan amount is often forgivable if requirements are met. Module 2.2
HUD Housing Counselors Glossary
pp. 18–21
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