reverse-annuity mortgages
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RAMs (Reverse-annuity mortgages) — Mortgages in which the bank makes a loan for an amount equal to a percentage of the appraisal value of the home. The loan is then paid to the homeowner in the form of an annuity. The New York Times Financial Glossary … Financial and business terms
Reverse mortgage — A reverse mortgage (known as lifetime mortgage in the United Kingdom) is a loan available to seniors (62 and older in the United States), and is used to release the home equity in the property as one lump sum or multiple payments. The homeowner s … Wikipedia
Premier Annuity Prospects — is the Nation s leader in Pre Qualified Appointment Programs. They set up qualified appointments with people ages 62 78 who are interested in topics such as: avoiding probate, information on avoiding nursing home care liens, and saving money on… … Wikipedia
alternative mortgage instruments — Variations of mortgage instruments such as adjustable rate mortgages and variable rate mortgages, graduated payment mortgages, reverse annuity mortgages, and several seldom used variations. Bloomberg Financial Dictionary … Financial and business terms
Alternative mortgage instruments — Variations of mortgage instruments such as adjustable rate and variable rate mortgages, graduated payment mortgages, reverse annuity mortgages, and several seldom used variations. The New York Times Financial Glossary … Financial and business terms
Continuous-repayment mortgage — Analogous to continuous compounding, a continuous annuity[1][2] is an ordinary annuity in which the payment interval is narrowed indefinitely. A (theoretical) continuous repayment mortgage is a mortgage loan paid by means of a continuous annuity … Wikipedia
mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… … Black's law dictionary
mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… … Black's law dictionary
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… … Universalium
