Initial Rate Period
Definition of "Initial Rate Period"
The number of months for which the initial interest rate holds on an ARM.
Popular Mortgage Terms
Advice on where to go to get a mortgage. A borrower can always select a loan provider by throwing a dart at the Yellow Pages. A referral is of value if it raises the probability of a ...
Deceptive practices used by mortgage loan providers and other participants in the mortgage process. Scams by Loan Providers: Lenders and mortgage brokers may employ a number of tricks ...
A reverse mortgage program administered by FHA. ...
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