Mortgage calculator — Mortgage calculators are used to help a current or potential real estate owner determine how much they can afford to borrow on a piece of real estate. Mortgage calculators can also be used to compare the costs, interest rates, payment schedules,… … Wikipedia
Adjustable-rate mortgage — A variable rate mortgage, adjustable rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit… … Wikipedia
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
adjustable rate mortgage — see mortgage Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. adjustable rate mortgage … Law dictionary
adjustable-rate mortgage — ( ARM) A loan for which the interest rate ( coupon rate) is adjusted periodically to reflect changes in a previously selected index rate. ARMs may have caps and floors that limit the annual and/or the lifetime change in the coupon rate. American… … Financial and business terms
Mortgage underwriting — is the process a lender uses to determine if the risk (especially the risk that the borrower will default[1] ) of offering a mortgage loan to a particular borrower is acceptable. Most of the risks and terms that underwriters consider fall under… … Wikipedia
mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… … Law dictionary
adjustable rate mortgage — UK US noun [C] FINANCE, PROPERTY ► VARIABLE RATE MORTGAGE(Cf. ↑variable rate mortgage) … Financial and business terms
mortgage, adjustable rate — n. A mortgage in which the interest rate is tied to an index and periodically moves up or down as the index does. abbrv. ARM The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
adjustable-rate — [ə just′ə bəl rāt′] adj. designating or of a debt obligation, esp. a mortgage on real property, having terms which allow the interest rate to change over time * * * … Universalium
adjustable-rate — [ə just′ə bəl rāt′] adj. designating or of a debt obligation, esp. a mortgage on real property, having terms which allow the interest rate to change over time … English World dictionary
