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Growing Equity Mortgage (GEM)

The financial definition for Growing Equity Mortgage (GEM):

Mortgage with a fixed interest rate and payments that increase throughout the term of the mortgage.




Similar Matches

Adjustable rate mortgage (ARM)

Adjustable rate mortgage (ARM)
A mortgage that features predetermined adjustments of the loan interest rate at regular intervals based on an established index. The interest rate is adjusted at each interval to a rate equivalent to the index value plus a predetermined spread, or margin, over the index, usually subject to per-interval and to life-of-loan interest rate and/or payment rate caps.


Alternative mortgage instruments

Alternative mortgage instruments
Variations of mortgage mortgage such as mortgage and variable-rate mortgages, mortgage, mortgage and several seldom-used variations.


Bi weekly mortgage loan

Bi weekly mortgage loan
A mortgage loan on which mortgage and mortgage payments are made every half-month (total of 26 payments) as opposed to monthly payments. This results in earlier loan mortgage.


Further Suggestions

Blanket Mortgage
Chattel Mortgage
Closed end mortgage
Collateralized mortgage obligation (CMO)
Commercial Mortgage Backed Securities
Consolidated mortgage bond
Conventional mortgage


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Growing Equity Mortgage (GEM)
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