shared-appreciation mortgage
- shared-appreciation mortgage
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/shaird"euh pree'shee ay"sheuhn/
a type of mortgage that carries a smaller down payment or lower interest rate than usual in return for the lender's sharing in the appreciation of the property at some future date, as at the time of its sale.
Abbr.: SAM
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Universalium.
2010.
Look at other dictionaries:
Shared appreciation mortgage — A shared appreciation mortgage or SAM is a mortgage in which the lender agrees as part of the loan to accept some or all payment in the form of a share of the increase in value (the appreciation) of the property. In the US A shared appreciation… … Wikipedia
Shared-Appreciation Mortgage - SAM — A special kind of mortgage that allows the purchaser to pay a given amount of the loan balance to the lender by passing along a portion of the gain in value of the property. In return for this additional compensation, the lender agrees to charge… … Investment dictionary
Shared Appreciation Mortgage — ( SAM) A mortgage with a low rate of interest, offset by giving the lender some portion of the appreciation in the value of the underlying property. Bloomberg Financial Dictionary … Financial and business terms
shared-appreciation mortgage — /shaird euh pree shee ay sheuhn/ a type of mortgage that carries a smaller down payment or lower interest rate than usual in return for the lender s sharing in the appreciation of the property at some future date, as at the time of its sale. Abbr … Useful english dictionary
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… … Black's law dictionary
mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… … Black's law dictionary
Adjustable-rate mortgage — A variable rate mortgage, adjustable rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit… … Wikipedia
Flexible mortgage — The term flexible mortgage refers to a residential mortgage loan that offers flexibility in the requirements to make monthly repayments. The flexible mortgage first appeared in Australia in the early 1990s (hence the US term Australian mortgage) … Wikipedia
ЗАКЛАДНАЯ С УЧАСТИЕМ В ПРИБЫЛИ — SHARED APPRECIATION MORTGAGEЗАКЛАДНАЯ, по к рой заемщик обязуется разделить с кредитором значительную долю (часто от 30 до 50%) прироста стоимости недвижимости, когда должник продает или передает собственность др. лицу сразу же или по истечении… … Энциклопедия банковского дела и финансов