take out a mortgage
31Super jumbo mortgage — A Super Jumbo Mortgage is classified as a residential mortgage or other home equity secured loan in an amount greater than $650,000, although lenders differ on just what constitutes a super jumbo mortgage subject to their own internal investment… …
32Shared appreciation mortgage — A shared appreciation mortgage or SAM is a mortgage in which the lender agrees as part of the loan to accept some or all payment in the form of a share of the increase in value (the appreciation) of the property. In the US A shared appreciation… …
33Endowment mortgage — An endowment mortgage is a mortgage loan arranged on an interest only basis where the capital is intended to be repaid by one or more (usually Low Cost) endowment policies. The phrase endowment mortgage is used mainly in the United Kingdom by… …
34repayment mortgage — A mortgage where you pay off both the capital and interest each month until you ve completely repaid the loan at the end of the pre agreed term. * * * repayment mortgage repayment mortgage ➔ mortgage1 * * * repayment mortgage UK US noun [C]… …
35education mortgage — n. 1. A mortgage that covers the cost of a student s university or college education and that is paid back over an extended period, similar to a residential mortgage. 2. he debt that a student holds at the end of their university or college… …
36Blanket Mortgage — A mortgage which covers two or more pieces of real estate. The real estate is held as collateral on the mortgage, but the individual pieces of the real estate may be sold without retiring the entire mortgage. This is an alternative to a developer …
37endowment mortgage — A mortgage in which repayment of the principal is made principally by means of an endowment assurance policy. In the UK in the 1980s and 1990s, many first time home buyers were encouraged to take out this form of mortgage (which earns the… …
38snuff out — 1) PHRASAL VERB To snuff out something such as a disagreement means to stop it, usually in a forceful or sudden way. [V n P] Every time a new flicker of resistance appeared, the government snuffed it out... [V P n (not pron)] The recent rebound… …
39Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …
40Government intervention during the subprime mortgage crisis — Due to the subprime mortgage crisis, a variety of government bailouts were implemented to stabilize the financial system during late 2007 and early 2008. Governments intervened in the United States and several Western European countries, such as… …
