Credit Access
» Credit Access, Volume 8, Issue 7, 2008
If respondent owns their business AND residence AND has a mortgage on that property.
18b. Do you have a second mortgage on that property?
| Response | Owns Mortgaged Residence | All Small, Employing Business Owners | ||
|---|---|---|---|---|
| 1 | Yes | 27 | 18 | |
| 2 | No | 73 | 82 | |
| 3 | DK/Refuse | 0 | 0 | |
| Total (%) | 100 | 100 | ||
| N | 471 | 690 | ||
Notes: Twenty-seven (27) percent of small employer/owners who own their residence and have a mortgage on that property have a second mortgage on their residence (Q#18b). Eighteen (18) percent of small employer/owners have a second mortgage on the residence (Q#18b).
