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GEM (growing equity mortgage) |
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GEM (growing equity mortgage)Mortgage in which annual increases in monthly payments are used to reduce outstanding principal and to shorten the term of the loan.GEM (growing equity mortgage) Similar MatchesAlternative mortgage instrumentsAlternative mortgage instrumentsVariations of mortgage mortgage such as mortgage and variable-rate mortgages, mortgage, mortgage and several seldom-used variations. Buy down mortgageBuy down mortgageA home loan in which the lender receives a premium as an inducement to reduce the interest rate during the early years of the mortgage. Mortgage servicingMortgage servicingThe collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default , involved with a mortgage loan. Commercial mortgageCommercial mortgageA mortgage on a non residential building occupied by a business. Balloon mortgageBalloon mortgageA mortgage in which monthly installments are not large enough to repay the loan by the end of the term. As a result, the final payment due is the lump sum of the remaining principal. Further SuggestionsLifetime reverse mortgageCommercial Mortgage Backed Securities Mortgage cash surplus Mortgage lien Mortgagee Capped rate mortgage Residential mortgage General Mortgage Bond Mortgage broker Freddie Mac (Federal Home Loan Mortgage Corporation) Mortgage Servicing Bi weekly mortgage loan Euro mortgage Low start mortgage Interest only mortgages Secondary mortgage market Mortgage arrears Chattel Mortgage Mortgage Gnma (government National Mortgage Association) Options Collateralized mortgage obligation (CMO) Mortgage application fee Mortgage REIT Assumable mortgage mortgage agreement in principle |
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