Graduated-Payment Mortgages (GPMs) A sequential payment loan wherein the installments paid by borrower are initially lower when compared with a peer group interest rate mortgage. The installments gradually increase over a specified number of years, usually, 3 to 7 years. Then they are fixed at ...
A definition of the term "graduated payment mortgage" is presented. It refers to a mortgage with payments that begin below the required amount to amortize the debt over an agreed upon term and increase at specified times during the term. The mortgage is popular during anticipated times of ...
Graduated-equity mortgage (GEM) Definition A loan for which payments increase according to a prearranged schedule and the increases repay the debt faster than a conventional, fixed-payment mortgage. Submit a Definition Search for Terms: Category:All CategoriesAccountingAcronymsActive TradingBankingBondsBro...
Define Graduated Payment Mortgage. Graduated Payment Mortgage synonyms, Graduated Payment Mortgage pronunciation, Graduated Payment Mortgage translation, English dictionary definition of Graduated Payment Mortgage. abbr. gallons per minute American Herit
Define Graduated-payment mortgage. Graduated-payment mortgage synonyms, Graduated-payment mortgage pronunciation, Graduated-payment mortgage translation, English dictionary definition of Graduated-payment mortgage. abbr. gallons per minute American Herit
Definition of Graduated-payment mortgage in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Graduated-payment mortgage? Meaning of Graduated-payment mortgage as a finance term. What does Graduated-payment mortgage m
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Define graduated table. graduated table synonyms, graduated table pronunciation, graduated table translation, English dictionary definition of graduated table. Noun 1. graduated table - an ordered reference standard; "judging on a scale of 1 to 10" order
Define Graduated income tax. Graduated income tax synonyms, Graduated income tax pronunciation, Graduated income tax translation, English dictionary definition of Graduated income tax. Noun 1. progressive tax - any tax in which the rate increases as the