💡 Words with a Similar Meaning to "Repayment mortgage"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| reverse mortgagenoun | (finance) An agreement under which money is borrowed using one's home as collateral, to be repaid from the proceeds of its sale (usually on the owner's death). |
| endowment mortgagenoun | (finance) A type of mortgage (typically a loan to buy a house) where, over the term of the loan, the borrower's regular payments to the lender cover only the interest charged by the lender. At the same time, the borrower makes regular payments into a separate savings or investment plan. When this plan matures, the borrower uses the proceeds to repay the principal of the loan. |
| repaymentnoun | The act of repaying. |
| revolving loannoun | (finance) A type of loan that is secured against a property and allows the owner to borrow and repay money at leisure. Periodic payments of at least accumulated interest are required, but the loan is fully open: it may be paid out in whole or in part at any time and, if there is still money available under the loan ceiling, the borrower may take more money for his or her use. |
| mortgagenoun | (law, real estate) A legal agreement in which a borrower pledges real property as collateral for a loan used to purchase or refinance that property. |
| term loannoun | (finance) A monetary loan that is usually repaid in regular payments over a set period of time. |
| amortizationnoun | The reduction of loan principal over a series of payments. |
| reponoun | (countable, finance, informal) Clipping of repurchase A type of agreement which allows a borrower to use a financial security as collateral for a cash loan at a fixed interest rate, or to buy something back that was sold. |
| mortagenoun | Misspelling of mortgage. [(law, real estate) A legal agreement in which a borrower pledges real property as collateral for a loan used to purchase or refinance that property.] |
| installment loannoun | (banking, finance) A loan that is repaid over time with a set number of regularly scheduled payments, and may or may not include a balloon payment. |
| welsh mortgagenoun | A kind of mortgage, being a conveyance of an estate, redeemable at any time on payment of the principal, with an understanding that the profits in the meantime shall be received by the mortgagee without account, in satisfaction of interest. |
| shared appreciation mortgagenoun | A mortgage in which the lender agrees to receive some or all of the repayment in the form of a share of the increase in value of the property. |
| bullet loannoun | (finance) A loan where the payment of the entire principal of the loan is due at the end of the loan term. |
| mortg.noun | (law) Abbreviation of mortgage. [(law, real estate) A legal agreement in which a borrower pledges real property as collateral for a loan used to purchase or refinance that property.] |
| wraparound mortgagenoun | A form of mortgage in which the seller of a property extends to the buyer a junior mortgage which exists in addition to any superior mortgages already secured on the property. The seller accepts a secured promissory note from the buyer for the amount due on the underlying mortgage plus an amount up to the remaining purchase-money balance. |
| remortgagenoun | A subsequent or additional mortgage. |
| time loannoun | A loan that must be repaid by a certain time. |
| buydownnoun | (mortgage finance) A payment by a third-party to a lender to reduce some of all of the payments otherwise required, especially in first few years of the loan, thereby enhancing the apparent quality of the loan. |
| conventional mortgage loannoun | (US, finance) A fixed- or adjustable-rate, fully amortized loan secured by a mortgage or deed of trust that is not insured or guaranteed by an agency of the federal government (such as FHA or VA). (Source: Office of Thrift Supervision https://web.archive.org/web/20060618191009/http://www.ots.treas.gov/glossary/gloss-c.html) |
| home loannoun | (countable) A loan taken for the purpose of purchasing a house, or other type of residential property. |
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