growing equity mortgage what is
Meaning of GEM (growing equity mortgage) explanation. What is used to reduce outstanding principal.

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GEM (growing equity mortgage) definition

Meaning GEM (GROWING EQUITY MORTGAGE): Mortgage in which annual increases in monthly payments are used to reduce outstanding principal and to shorten the term of the loan

More terms such as GEM (growing equity mortgage) in Dictionary G.

Definition Group Of Ten:
Examples major industrialized countries whose mission is to create a more stable world economic trading environment through monetary and fiscal policies. The ten are Belgium, Canada, France, Germany, Italy gem (growing equity mortgage) definition.
Definition Gilts:
Examples British and Irish government securities. Blue Chip gem (growing equity mortgage) explain.
Definition Graduated Lease:
Examples A type of long-term lease whose payments are variable rather than fixed, and depend upon a benchmark rate, such as changes in the consumer price index gem (growing equity mortgage) what is.
Definition Gross Interest:
Examples Interest earned before taxes are deducted gem (growing equity mortgage) meaning.
Definition Growth Fund:
Examples A mutual fund that invests primarily in stocks with a history of and future potential for capital gains gem (growing equity mortgage) abbreviation.
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