The mortgage definition for Credit period:
The time frame for which the lender agrees to provide you with credit.
Benefit periodBenefit period
A time period over which the interest rate of a loan is discounted, fixed or capped, for example.
Discount periodDiscount period
The time at the beginning of a mortgage life span when you are offered reduced repayments. Can be useful to help you overcome the often significant outlay involved with buying a property.
Early repayment periodEarly repayment period
A period of time that applies to certain types of loan during which a charge will be made if the loan is repaid in full or in part or its terms are varied at the borrower's request.
Further Suggestions Grace period
Tie in period
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