Meaning CONVERTIBLE ARM
What does CONVERTIBLE ARM mean? Here you find 8 meanings of the word CONVERTIBLE ARM. You can also add a definition of CONVERTIBLE ARM yourself
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CONVERTIBLE ARMA mortgage that begins as and adjustable, that allows the borrower to convert the loan to a fixed rate within a specific timeframe.
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CONVERTIBLE ARMAn adjustable-rate mortgage that allows the borrower to change the ARM to a fixed-rate mortgage within a specific time.
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CONVERTIBLE ARMan adjustable-rate mortgage that provides the borrower the ability to convert to a fixed-rate within a specified time.
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CONVERTIBLE ARMWhen an adjustable rate mortgage is converted to a fixed rate mortgage under certain conditions or by a borrower within a specific time. Â
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CONVERTIBLE ARMA mortgage that begins as and adjustable, that allows the borrower to convert the loan to a fixed rate within a specific timeframe.
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CONVERTIBLE ARMAn adjustable rate mortgage that can be converted to a fixed rate mortgage under specified conditions, usually by refinancing or exercising a conversion option.
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CONVERTIBLE ARMAn adjustable-rate mortgage (ARM) that can be converted to a fixed-rate mortgage under specified conditions. The conversion of a convertible ARM would be possible at certain specified points in the li [..]
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CONVERTIBLE ARMAn adjustable rate mortgage (ARM) that can be converted to a fixed rate loan under specified conditions.
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