Jun 16, 2015 09:43
8 yrs ago
English term
Reverse Equity Mortgage
English to Latvian
Bus/Financial
Finance (general)
DEFINITION of 'Reverse Mortgage'
A type of mortgage in which a homeowner can borrow money against the value of his or her home. No repayment of the mortgage (principal or interest) is required until the borrower dies or the home is sold. After accounting for the initial mortgage amount, the rate at which interest accrues, the length of the loan and rate of home price appreciation, the transaction is structured so that the loan amount will not exceed the value of the home over the life of the loan.
Read more: http://www.investopedia.com/terms/r/reversemortgage.asp#ixzz...
A type of mortgage in which a homeowner can borrow money against the value of his or her home. No repayment of the mortgage (principal or interest) is required until the borrower dies or the home is sold. After accounting for the initial mortgage amount, the rate at which interest accrues, the length of the loan and rate of home price appreciation, the transaction is structured so that the loan amount will not exceed the value of the home over the life of the loan.
Read more: http://www.investopedia.com/terms/r/reversemortgage.asp#ixzz...
Proposed translations
(Latvian)
3 | Apgrieztā hipotēka | Ines Burrell |
Proposed translations
2 hrs
Apgrieztā hipotēka
Atradu te tādu.
Apgrieztā hipotēka: to sauc arī par "mājas kapitāla konvertēšanas hipotēku". Šie kredīti ļauj vecāka gadagājuma iedzīvotājiem pārvērst savas mājas kapitālu ienākumos.
Apgrieztā hipotēka: to sauc arī par "mājas kapitāla konvertēšanas hipotēku". Šie kredīti ļauj vecāka gadagājuma iedzīvotājiem pārvērst savas mājas kapitālu ienākumos.
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