Joint Application - Judgement Lien

Joint Application

A mortgage application that involves more than one person as the borrower.

Joint Income

The total gross income of the mortgage applicants.

Joint Liability

The responsibility of two or more people to fulfill the terms of a home loan or debt.

Joint Mortgage

A mortgage shared jointly between two people with the agreement that if one dies, the other automatically inherits their share.

Judgement Lien

An court-ordered monetary judgment against a current or previous property owner which has not been paid.

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