Definition of "Indexed loan"

Dawn Blakely real estate agent
Dawn Blakely, Real Estate Agent Dream Key Real Estate, Llc

A noncurrent loan in which the principal, interest, or maturity is related to a particular index. Therefore, period adjustments are necessary to conform to the change in the applicable index. A case in point is an adjustable rate mortgage.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Real Estate Terms

Popular Real Estate Questions