HomeSite MapCompareFinanceDebtCasino Buy down mortgageThe mortgage definition for Buy down mortgage:A home loan in which the lender receives a premium as an inducement to reduce the interest rate during the early years of the mortgage. Similar MatchesAssumable mortgageAssumable mortgageA mortgage that can be transferred to another borrower. Balloon mortgageBalloon mortgageA mortgage in which monthly installments are not large enough to repay the loan by the end of the term. As a result, the final payment due is the lump sum of the remaining principal. Biweekly mortgageBiweekly mortgageA mortgage that requires payments every two weeks and helps repay the loan over a shorter term. Further SuggestionsBlanket mortgageCap & collar mortgage Capped rate mortgage Cashback mortgages Chattel mortgage Cooperative mortgages Council of Mortgage Lenders Click to compare definitions of Buy down mortgage Click to view definitions beginning bu |