Credit Access
» Credit Access, Volume 8, Issue 7, 2008
If respondent is the owner AND owns investment real estate property, including undeveloped land, commercial or residential buildings, or other real state assets, not including their business or home AND has a mortgage on that property.
19c. Do you have a second mortgage on that property?
Response | Owns Mortgaged Investment Real Estate | All Small, Employing Business Owners | ||
---|---|---|---|---|
1 | Yes | 6 | 1 | |
2 | No | 94 | 98 | |
3 | DK/Refuse | 0 | 0 | |
Total (%) | 100 | 99 | ||
N | 170 | 690 |
Notes: Six percent of small employer/owners who are the owner and own investment real estate including undeveloped land, commercial or residential buildings, or other real state assets, not including their business or home and have a mortgage on that property, have a second mortgage on that property (Q#19c). Two percent of small employer/owners have a second mortgage on investment real estate, including undeveloped land, commercial or residential buildings, or other real state assets, not including their business or home (Q#19c).