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relocation mortgage (relo)

A residential mortgage product sponsored by a corporation that is offered to relocating employees. The special rate loan is often provided as part of a compensation package used to induce the employee to move. This type of loan helps the homeowner avoid higher housing costs associated with a more expensive region.

Related information about relocation mortgage (relo):
  1. Relocation Mortgage (Relo) Definition | Investopedia
    A type of mortgage that is designed for relocating/transferring employees. Corporations sometime make special mortgages available for relocating employees in ...
     
  2. What is relocation mortgage (relo)? definition and meaning
    Definition of relocation mortgage (relo): A type of mortgage that aims to offer employees financial ease when relocating to a new place due to change of ...
     
  3. Relocation Mortgage - Relo: Definition from Answers.com
    Relocation Mortgage - Relo A type of mortgage that is designed for relocating/ transferring employees. Corporations sometime make special.
     
  4. What is relocation mortgage (relo)? - InvestorWords.com
    Definition of relocation mortgage (relo): A residential mortgage product sponsored by a corporation that is offered to relocating employees. The special rate loan ...
     
  5. What is relocation company? definition and meaning
    relocation company. relocation clause · relocation mortgage (relo). Definition. A company that contracts with other firms to arrange the relocation of an employee ...
     
  6. InvestorWords.com: Terms starting with R
    relocation mortgage (relo) · remainder · remainder interest · remainder man · remaining balance · remaining maturity · remaining principal balance · remaining ...
     
  7. Browse InvestorWords.com: Real Estate terms
    relinquished property · relocation clause · relocation company · relocation mortgage (relo) · remaining balance · remaining principal balance · remaining term ...
     
  8. Browse InvestorWords.com: Lending & Credit terms
    relinquished property · relocation clause · relocation company · relocation mortgage (relo) · remaining balance · remaining principal balance · remaining term ...