Cash-Out Refinance Mortgage Loan
- Cash-Out Refinance Mortgage Loan
- (избыточный рефинансирующий ипотечный кредит)
ипотечный кредит, привлеченный для рефинансирования существующего ипотечного кредита, когда новый кредит более чем на 1% превышает сумму, требуемую для досрочного погашения существующего кредита, покрытия комиссий кредитора за выдачу и погашение кредита, а также выплаты любых непогашенных субординированных ипотечных кредитов. Дополнительные денежные средства используются заемщиком по своему усмотрению.
Ипотека. Словарь терминов.
EdwART.
2011.
Смотреть что такое "Cash-Out Refinance Mortgage Loan" в других словарях:
Cash-Out Refinance — A mortgage refinancing transaction in which the new mortgage amount is greater than the existing mortgage amount, plus loan settlement costs. The purpose of a cash out refinance is to extract equity from the borrower s home. A cash out refinance… … Investment dictionary
No Cash-Out Refinance — The refinancing of an existing mortgage for an amount equal to or less than the existing outstanding loan balance plus an additional loan settlement cost. It is done primarily to lower the interest rate charge on the loan and/or to change the… … Investment dictionary
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