Reverse Mortgage

Business / Debt / Reverse Mortgage: An arrangement in which a homeowner borrows against the equity in his/her home and receives regular monthly tax-free payments from the lender.
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Other Words for Reverse

Reverse Verb Synonyms: back up, move or go backwards or also backward, backtrack, make sternway
Reverse Noun Synonyms: opposite, contrary, inverse, converse, inverted, upside down, mirror, reversed, backward
Reverse Adjective Synonyms: alter, change, modify, renounce, recant, take back
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Repayment Mortgages

Business / Debt / Repayment Mortgages: A mortgage where throughout the term, regular payments are made to partly repay interest on the capital and to partly repay the capital itself (the amount of the loan). Initially the largest proportio MORE

Residential Mortgage

Business / Finance / Residential Mortgage: Mortgage on a residential property, tax-deductible for individuals up to $1 million. MORE

Reverse

Entertainment / Bowling / Reverse: A severe backup. MORE

Real Estate Mortgage Investment Conduit (REMIC)

Business / Finance / Real Estate Mortgage Investment Conduit (REMIC): A pass-through tax entity that can hold mortgages secured by any type of real property and can issue multiple classes of ownership interests to investors in the form of pass-through certificates, bond MORE

Re Mortgage

Business / Debt / Re Mortgage: To re mortgage is arranging alternative finance for the purchase of a property which is already mortgaged. MORE

Private Mortgage Insurance (PMI)

Business / Finance / Private Mortgage Insurance (PMI): Policy protecting the holder against loss resulting from default on a mortgage loan. MORE