Subordinated debt
Subordinated debt
Subordinated debt is a debt obligation that has a lower priority claim relative to senior debt. If a liquidation is required, the creditors holding subordinated debt (also called subordinated creditors) are paid with any funds left after the senior creditors have been paid.
National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.94 |
| 15 yr fixed | 4.38 |
| 5/1 ARM |
|
Rates may contain points