Mortgage Status
“Mortgage” refers to all forms of debt where the property is pledged as security for repayment of the debt, including deeds of trust; trust deeds; contracts to purchase; land contracts; junior mortgages; and home equity loans.
A mortgage is considered a first mortgage if it has prior claim over any other mortgage or if it is the only mortgage on the property. All other mortgages (second, third, etc.) are considered junior mortgages. A home equity loan is generally a junior mortgage. If no first mortgage is reported, but a junior mortgage or home equity loan is reported, then the loan is considered a first mortgage.
In most data products, the tabulations for “Selected Monthly Owner Costs” and “Selected Monthly Owner Costs as a Percentage of Household Income” usually are shown separately for units “with a mortgage” and for units “not mortgaged.” The category “not mortgaged” is comprised of housing units owned free and clear of debt.
Source: Pittsburgh American Community Survey 2015 - Miscellaneous Data
About this Resource
Last updated | unknown |
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Created | unknown |
Name | Mortgage Status |
Format | Comma Separated Values File |
License | License not specified |
Created | 3 years ago |
Media type | text/csv |
has views | False |
id | fb51dbb0-f36b-455a-9c68-9946405635f1 |
metadata modified | 3 years ago |
package id | 7401571a-9009-44d1-96ad-b7003221ec72 |
position | 3 |
state | active |
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