Meaning Of The Word Shared-appreciation mortgage
What's the definition of Shared-appreciation mortgage? Find Shared-appreciation mortgage meanings, definitions and more at the Real Dictionary online.
Shared-appreciation mortgage Meaning
| Shared-appreciation mortgage Definition |
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What's The Definition Of Shared-appreciation mortgage?
shared-appreciation mortgage in American English
noun: a type of mortgage that carries a smaller down payment or lower interest rate than usual in return for the lender's sharing in the appreciation of the property at some future date, as at the time of its sale |
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