Submortgaging

Translation of "submortgaging" into Russian

Noun

submortgaging

субипотека

Submortgaging can be a complex financial strategy.

Субипотека может быть сложной финансовой стратегией.

Noun

The act or process of mortgaging a property that is already under a mortgage, typically involving a secondary or subordinate mortgage.

The homeowner considered submortgaging to access additional funds for renovations.