adjustable loan

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• Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …   Wikipedia

• adjustable rate mortgage — see mortgage Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. adjustable rate mortgage …   Law dictionary

• adjustable-rate mortgage — ( ARM) A loan for which the interest rate ( coupon rate) is adjusted periodically to reflect changes in a previously selected index rate. ARMs may have caps and floors that limit the annual and/or the lifetime change in the coupon rate. American… …   Financial and business terms

• 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

• loan — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ large, massive ▪ small ▪ long term, short term ▪ high interest, interest free …   Collocations dictionary

• adjustable rate — Applies mainly to convertible securities ( convertible security). Refers to interest rate or dividend that is adjusted periodically, usually according to a standard market rate outside the control of the bank or savings institution, such as that… …   Financial and business terms

• adjustable-rate — adj. Adjustable rate is used with these nouns: ↑loan, ↑mortgage …   Collocations dictionary

• Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets …   Wikipedia

• FHA loan — is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration. The loan may be issued by federally qualified lenders.FHA loans have historically allowed lower income Americans to borrow money for the… …   Wikipedia

• Home equity loan — A home equity loan (sometimes abbreviated HEL) is a type of loan in which the borrower uses the equity in their home as collateral. These loans are sometimes useful to help finance major home repairs, medical bills or college education. A home… …   Wikipedia

• No Loan Again, Naturally — The Simpsons episode The episode s promotional image, featuring Ned Flanders and Homer. Episode no. 432 Prod. code LABF03 Orig. airdate March 8, 2009 Show runner(s) Al Jean …   Wikipedia