What Is a Vendor Take-Back Mortgage?

submit to reddit

Submit Your Tip

What Is a Vendor Take-Back Mortgage? – This is a place for the community to provide tips and advice on What Is a Vendor Take-Back Mortgage?. This topic was created by Rucuye and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Votes

Tips

1
- Vote
Tip 1
Vendor Take-Back Mortgage Definition | Investopedia More
Published: 9 years, 6 month(s) ago by Senior Velcro | permalink
Vote
A type of mortgage in which the seller offers to lend funds to the buyer to help facilitate the purchase of the property. The take-back mortgage often represents a secondary lien on the property, as most buyers will have a primary source of funding other than the seller.
Tags: mortgage,vendor take-back mortgage,dictionary,glossary,education,investment,tutorials,investing,invest,investor,stocks,quotes,analysis,beginner,finance,financial,market,news,401k,ira,personal,definitions,terms,mutual funds,ipo,options,nasdaq,trader,trading

For further reading: http://www.investopedia.com/terms/v/vendor_take_back.asp ^[1]

1
- Vote
Tip 2
What is a Vendor Take Back? - Definition from Divestopedia More
Published: 9 years, 6 month(s) ago by Jacquie Lewis | permalink
Vote
Vendor Take Back VTB Definition - A vendor take back is a type of non consideration often used by buyers to finance the total purchase price of a company....
Tags: valuation,types-of-consideration,sale-process,enterprise-value,capital-structure

For further reading: http://www.divestopedia.com/definition/786/vendor-take-back-vtb ^[2]

1
- Vote
Tip 3
What Is a Vendor Take-Back Mortgage? | eHow More
Published: 9 years, 6 month(s) ago by skidrowrocks | permalink
Vote
Many people take out mortgage loans from lenders such as banks or credit unions to purchase property. Some buyers, though, need additional financial help over and above the mortgage loans for which they qualify. A vendor take-back mortgage is one method in which a property seller can help a buyer who needs financial assistance to complete the...

For further reading: http://www.ehow.com/facts_6140068_vendor-take_back-mortgage_.html ^[3]

About Author

More by Rucuye

No more topics...

About This Topic

Category: Fun | 9 years, 6 month(s) ago

30.4k+ Reads

3 Tips

3 Votes

0 Likes

0 Saved

Contributors

Jacquie Lewis, skidrowrocks, Senior Velcro

References & Citations

1. http://www.investopedia.com/terms/v/vendor_take_back.asp

2. http://www.divestopedia.com/definition/786/vendor-take-back-vtb

3. http://www.ehow.com/facts_6140068_vendor-take_back-mortgage_.html