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Payoff assistance (buydowns)

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In mortgage financing between a bank and a customer, a third party (such as the government under the homeownership promotion policy) provides subsidies during the early period to limit the monthly burden on the mortgagor (mortgages in which monthly payments consist of principal and interest, with portions of these payments during the early period of the loan being provided by a third party to lessen the borrower’s monthly pay load). – See amortization, negative, deferral period, balloon loan, loan-to-value, loan liability, limited, first-lien default clause, refugee settlement loan, development bank, frings benefits, Home Mortgage Disclosure Act, ninja loans, real estate loan, subprime housing finance, interest rate enclosure, lemon deal, forty-two loan.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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