Shared appreciation mortgage
Definition
A mortgage on which the borrower gives up a share in future price appreciation in exchange for a lower interest rate and/or interest deferral. Read Is This Shared Appreciation Mortgage a Good Deal?
Related Terms Other terms related to 'Shared appreciation mortgage' starting with the letter 'S' Seller contribution, Servicing, Swing loan, Servicing transfer, Scheduled mortgage payment Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 