Definition and Citations:
A mortgage that is written at a rate that is less than the market rate that will give the lender an increased value in the property that is being mortgaged for a period of time.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A mortgage that is written at a rate that is less than the market rate that will give the lender an increased value in the property that is being mortgaged for a period of time.