Mortgage for which the unpaid balance is refinanced every few years at then-current rates. This is good for the borrower and bad for the lender if interest rates are falling, and bad for the borrower and good for the lender if interest rates are rising.
Related information about rollover mortgage:
- Rollover Mortgage Definition | Investopedia
A mortgage in which the unpaid balance (outstanding principal) must be refinanced every few years (often three to five) at current interest rates, subject to certain ...
- What is rollover mortgage? definition and meaning
Definition of rollover mortgage: Mortgage for which the unpaid balance is refinanced every few years at then-current rates. This is good for the borrower and bad ...
- Rollover Mortgage: Definition from Answers.com
Rollover Mortgage Mortgage in which the finance charge periodically is adjusted. A rollover rate mortgage is a short-term loan that must be renewed periodically ...
- Rollover Mortgage - Business Finance
Rollover Mortgage - What is a rollover mortgage? A rollover mortgage is a loan for which the unpaid balance is refinanced after a few years at the current rate.
- Rollover Mortgage Definition - What is Rollover Mortgage?
What is Rollover Mortgage? Find out right now with a helpful definition and links related to Rollover Mortgage.
- Credit Suisse - Flex Rollover Mortgage
Among the various available mortgage options you are sure to find the financing model that suits your personal requirements.
- Flex Rollover Mortgage Take Advantage of Interest Rate Fluctuations.
The Flex Rollover mortgage offers the following features: ȩ The mortgage interest ... The Flex Rollover mortgage is ideal when interest rates are falling or have ...
- Rollover Mortgage definition and meaning - Define Rollover Mortgage
Rollover Mortgage definition - What does Rollover Mortgage mean? A short term loan in which the unpaid balance is refinanced every few years at the most ...