Affordability mortgage: Difference between revisions
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imported>Doug Williamson (Create the page. Source: HSBC AR 2015) |
imported>Doug Williamson m (Add category.) |
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== See also == | == See also == | ||
* [[CMBS]] | * [[CMBS]] | ||
* [[First mortgage debenture]] | * [[First mortgage debenture]] | ||
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* [[Liquidity risk]] | * [[Liquidity risk]] | ||
* [[LTV]] | * [[LTV]] | ||
* [[Mortgage]] | |||
* [[Pipeline risk]] | * [[Pipeline risk]] | ||
* [[Refinancing risk]] | * [[Refinancing risk]] | ||
* [[Security]] | * [[Security]] | ||
* [[SVR]] | * [[SVR]] | ||
[[Category:Compliance_and_audit]] | |||
Latest revision as of 13:53, 8 October 2020
A mortgage loan where the borrower's repayments are initially set at a low rate, resetting to a higher rate once the introductory period is over.
The initial rate may be either a variable or a fixed rate.
Also known as a 'low start' mortgage.
