Flexible Payment Mortgage

Definition of "Flexible payment mortgage"

Donald Rushworth real estate agent

Written by

Donald Rushworthelite badge icon

Berkshire Hathaway HomeServices

Loan that allows the borrower to pay only the interest for the first few years of the loan.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Misuse, alteration, destruction, or neglect of land by an individual right-fully in possession that breeds a significant and permanent reduction of its value to the legal interest owned by ...

protective wall along a roof or below a terrace. ...

Rental based on a percent of sales or profit that in addition to the constant rental amount. ...

A notice, usually in writing, in which notice of termination is given by one individual or business to another. It is pursuant to a cancellation provision in a contract to forestall ...

Paneled brickwork between timber quarters, a framed wall, or partition. ...

Charges billed for services rendered. They may be on a flat basis or on an hourly rate. ...

Nineteenth-century style home architecture featuring three dimensional ornamentation, made by hand using a chisel and gouge. ...

Right of property owner to have his or her property used in satisfying a loan. Written contract of court judgment placing a lien on a parcel of property as collateral for a loan. An ...

Constructed in place by filling holes drilled through to bearing strata with concrete. ...

Popular Real Estate Questions