{"id":3021,"date":"2017-09-12T08:23:02","date_gmt":"2017-09-12T12:23:02","guid":{"rendered":"https:\/\/www.zolo.ca\/news\/?post_type=encyclopedia&#038;p=3021"},"modified":"2021-08-03T14:09:55","modified_gmt":"2021-08-03T18:09:55","slug":"vendor-take-back-mortgage","status":"publish","type":"encyclopedia","link":"https:\/\/www.zolo.ca\/blog\/glossary\/vendor-take-back-mortgage","title":{"rendered":"Vendor Take-Back Mortgage"},"content":{"rendered":"<p>A vendor take-back mortgage&nbsp;is a type of financing where the seller offers to lend the buyer the money so that the buyer can purchase the property. Unlike a <a href=\"https:\/\/www.zolo.ca\/blog\/glossary\/wrap-around-mortgage\">wrap-around<\/a> or all-inclusive mortgage, a vendor take-back mortgage is quite often a secondary mortgage loan, as most buyers will have a primary source of funding other than the seller.<\/p>\n","protected":false},"author":3,"template":"","meta":[],"class_list":["post-3021","encyclopedia","type-encyclopedia","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/encyclopedia\/3021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"wp:attachment":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/media?parent=3021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}