Low start mortgage
From ACT Wiki
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.
Also known as an 'affordability' mortgage.
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.
Also known as an 'affordability' mortgage.