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Stepped fixed rate mortgage |
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Stepped fixed rate mortgageWhere the interest is, for example, fixed at one level for one year and then a slightly higher level for two further years. This is not as common as finding stepped discounted mortgages.Stepped fixed rate mortgage Similar MatchesStepped discount mortgageStepped discount mortgageWhere the discount is, for example, fixed at one level for one year and then a slightly lesser level for two further years. Remember it is the percentage discount that is stepped and not the monetary amount, so your repayment can still vary. Veterans Administration (VA) mortgageVeterans Administration (VA) mortgageA home mortgage loan granted by a lending institution to U.S. veterans and guaranteed by the Veterans Administration. Variable rate mortgageVariable rate mortgageA mortgage where the interest rate is not fixed and which is dependent on influences such as interest rates on Treasury securities in the US or base rate in the UK. Index tracker mortgageIndex tracker mortgageThe interest rate tracks an index such as the base rate or LIBOR and often has a set percentage added to it. Mortgage code arbitration schemeMortgage code arbitration schemeAn arbitration service between members of the public and lenders. Further Suggestionsmortgage brokerCooperative mortgages Delinquent mortgage Package mortgage Mortgage reference fee Council of Mortgage Lenders Freddie Mac (Federal Home Loan Mortgage Corporation) mortgage backed security Mortgagee Remortgage Senior mortgage bond Mortgage Broker Federal National Mortgage Association Mortgage Company Repayment mortgage Assumable mortgage Mortgage confirmation Standing mortgage All inclusive Trust Deed (wrap around mortgage) Guarantee mortgage mortgage interest relief at source Mortgage types Real Estate Mortgage Investment Conduit (REMIC) Chattel Mortgage Federal National Mortgage Association |
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