☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Adjustable Rate Mortgage

A mortgage with an interest rate that adjusts periodically based on a specified index — typically starting with a lower rate that increases over time. Subject to rate caps.

Category: Real Property Transactions
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: