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Senior mortgage bond |
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Senior mortgage bondA mortgage bond which receives priority on the assets of a company over other bonds in the event of liquidation.Senior mortgage bondA bond that, in the event of bankruptcy, will be redeemed before any other bonds are repaid.Senior mortgage bond Similar MatchesShared appreciation mortgageShared appreciation mortgageA mortgage in which a borrower pays a below normal rate of interest to the lender on the understanding that the latter shares a proportion of the appreciation of the property. Reverse annuity mortgages (RAM)Reverse annuity mortgages (RAM)Bank loan for an amount equal to a percentage of the appraisal value of the home. The loan is then paid to the homeowner in the form of an annuity. Mortgage interest deductionMortgage interest deductionA federal tax deduction for interest paid on a mortgage used to acquire, construct, or improve a residence. Non status mortgageNon status mortgageMainly for people whose income is difficult to assess using the standard method adopted by most conventional mortgage lenders. Bonuses, commission and seasonal work can cause income to vary over time or be difficult to guarantee and this may not be considered acceptable in order to get a loan. The main groups of people that opt for self-certification mortgages are: self-employed and unsalaried company directors, contract workers (increasingly common in technology-based industries), commission-based workers (often in sales, recruitment etc.), people with seasonal earnings. The interest rate you are charged will be higher to compensate the lender for the increased risk. Euro mortgageEuro mortgageA mortgage taken out by those paid in Euros to avoid the need to exchange currency. Further Suggestionsfixed rate mortgageCommercial Mortgage Backed Securities Lehman Brothers Mortgage Backed Securities Index base rate tracker mortgage Junior mortgage Private Mortgage Insurance Federal National Mortgage Association Government insured mortgage mortgage indemnity Veterans Administration (VA) mortgage Biweekly mortgage second mortgage Insured Mortgage Stepped discount mortgage Delinquent mortgage mortgage agreement in principle Mortgage types Portable mortgage Mortgage Company Blanket mortgage Mortgage Insurance Wrap Around Mortgage Mortgage cash surplus capped rate mortgage mortgage broker |
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