shared equity mortgage

A mortgage in which the lender shares in the profits from the property’s resale.

• The lender must usu. first purchase a portion of the property’s equity by providing a portion of the down payment.

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词条贡献者

双语律师Jerry，毕业于一所培养最顶级翻译人才的语言学院，擅长翻译各类与欧洲隐私及安全法相关的法律文件。