Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Subordinate Financing Subordinate Financing November 9, 2021 Any mortgage or other lien that has a lower priority than that of the first mortgage.You Might Also Like: Living QuartersSpring Maintenance Checklist for Your Home All Things CommunityHoli-days of Giving 2022 Everyday MoneyGiving Back During the Holiday Season Living QuartersYour Top Mortgage Questions Answered Living QuartersHow to Understand Mortgage Language