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ARM loan stands for 'Adjustable-Rate Mortgage". It is a type of financing used to purchase a home. It's a mortgage loan with interest rates that changes periodically.
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What is the term for a person who has taken a loan?
The term used to refer to someone who has taken out a loan is, borrower.
What is a hybrid ARM loan?
A hybrid ARM, adjustable rate loan, or hybrid adjustable rate loan is a loan that begins with a fixed interest rate for a set period, then changes to a variable rate for the remainder of the term An ARM and a hybrid ARM are the same things - there is no differentiation between the two names.
What type of mortgage loan has a fixed rate fixed term and fixed payment?
ARM
Term Loans?
form_title=Term Loans form_header=Finance your business with a term loan from the bank. What type of term loan are you interested in?= [] Intermediate Term Loan [] Long Term Loan How much do you intend to borrow with your next term loan?=_ How long to do you hope to take to pay the term loan back in full?=_
What is the term for a loan in which the interest rate does not change during the entire term of the loan?
a fixed rate loan.
What is the term for a person who has taken a loan?
The term used to refer to someone who has taken out a loan is, borrower.
Is it unlawful that a lender tells you that you only qualify for an ARM mortgage loan?
please refer the following link to get the information about ARM mortgage loan. center4debtmanagement.com/Financing/UnderstandingHomeMortgages.shtml
What is a hybrid ARM loan?
A hybrid ARM, adjustable rate loan, or hybrid adjustable rate loan is a loan that begins with a fixed interest rate for a set period, then changes to a variable rate for the remainder of the term An ARM and a hybrid ARM are the same things - there is no differentiation between the two names.
What does a loan term refer to?
A loan tern refers to the length of time a loan is valid, and how long the customer has to pay it back. The shorter term the loan is, typically the better the interest rate.
What type of mortgage loan has a fixed rate fixed term and fixed payment?
ARM
What is the meaning of a five year ARM?
ARM stands for Adjustable Rate Mortgage. A 5 year ARM would mean that the mortgage would have an adjustable interest rate for the duration of the term of the loan.
What is meant by the term jumbo loan?
Jumbo loans refer to mortgage loans on houses. Most home mortgages have a cap on how high a loan amount can be written for so that it is insured. A jumbo loan is any loan that goes over this amount.
Term Loans?
form_title=Term Loans form_header=Finance your business with a term loan from the bank. What type of term loan are you interested in?= [] Intermediate Term Loan [] Long Term Loan How much do you intend to borrow with your next term loan?=_ How long to do you hope to take to pay the term loan back in full?=_
What is conventional loan without PMI ARM?
what is a conventional loan with out p m i
What is the term for a loan in which the interest rate does not change during the entire term of the loan?
a fixed rate loan.
What is a conventional ARM loan?
I believe it stands for A djustable R ate Mortgage loan.
What exactly does the term remote dba refer to?
A remote DBA is a term that refers to a common loan deal, and it is appreviated to show the interest rate's equation, to figure out how much extra money is owed.
