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Mortgage types |
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Mortgage typesFor example, repayment or interest. Or fixed, capped, tracker, discount or stepped rate etc.Mortgage types Similar MatchesSelf build mortgageSelf build mortgageMortgage for those who wish to build their own home, renovate or convert their existing home. Funds are normally released in stages as work progresses following a satisfactory progress report from an architect. Mortgage cash surplusMortgage cash surplusMoney left over at the end of a mortgage term, over and above the amount required to pay back the debt. MortgageMortgageThe name given to a loan used to buy a property. Mortgage durationMortgage durationA modification of standard duration to account for the impact on duration of MBSs of changes in prepayment speed resulting from changes in interest rates. Two factors are employed: one that reflects the impact of changes in prepayment speed or price. Wraparound mortgageWraparound mortgageA loan to a buyer for the remaining balance on a seller's first mortgage and an additional amount requested by the seller. Payments on both loans are made to the lender who holds the wraparound loan. Further SuggestionsCooperative mortgagesGovernment National Mortgage Association Real Estate Mortgage Investment Conduit (REMIC) Private Mortgage Insurance (PMI) Residential mortgage MIG Mortgage Indemnity Guarantee graduated payment mortgage Guaranteed Mortgage Certificates (GMC) Secondary mortgage market Insured Mortgage Mortgage arrears Strip mortgage participation certificate (strip PC) capped rate mortgage Shared appreciation mortgage mortgage protection Mortgage Banker Full status mortgage Euro mortgage Direct Reduction Mortgage First Mortgage Adjustable Rate Mortgages (arms) Collateralized mortgage obligation (CMO) flexible mortgage account base rate tracker mortgage Interest only mortgages |
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