Zero Rate Loan

Definition of "Zero rate loan"

Jim & Robin  Molinaro
Jim & Robin Molinaro EXIT Realty Seybold Brokers

Loan with a significant down payment with the balance being paid in equal periodic payments over a short time period. There is no interest charge. An example is when a seller of real estate is anxious to sell property and in so doing offers a zero percent financing rate.

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

*** Your email address will remain confidential.

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ