Definition of "Zero rate loan"

Alia Elnahas & Melanie Moumen real estate agent
Alia Elnahas & Melanie Moumen, Real Estate Agent Weichert, Realtors - Burke Fairfax Station

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.


Popular Real Estate Terms

Popular Real Estate Questions