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):
- 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 ...
- 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 ...
- 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.
- 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 ...
- 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 ...
- InvestorWords.com: Terms starting with R
relocation mortgage (relo) · remainder · remainder interest · remainder man · remaining balance · remaining maturity · remaining principal balance · remaining ...
- Browse InvestorWords.com: Real Estate terms
relinquished property · relocation clause · relocation company · relocation mortgage (relo) · remaining balance · remaining principal balance · remaining term ...
- Browse InvestorWords.com: Lending & Credit terms
relinquished property · relocation clause · relocation company · relocation mortgage (relo) · remaining balance · remaining principal balance · remaining term ...