A repayment condition in which payments gradually increase at a predetermined rate, usually through the use of negative amortization. Intended for young people with low current income but greater anticipated future income.
Related information about graduated payment:
- Graduated payment mortgage loan - Wikipedia, the free encyclopedia
A graduated payment mortgage loan, often referred to as GPM, is a mortgage with low initial monthly payments which gradually increase over a specified time ...
- What Is a Graduated Payment Mortgage (GPM)? - Mortgage Professor
Sep 20, 2004 ... GPM stands for "graduated payment mortgage", meaning a mortgage on which the payment starts low and rises over time. Since the initial ...
- What is graduated payment? definition and meaning
Definition of graduated payment: A repayment condition in which payments gradually increase at a predetermined rate, usually through the use of negative ...
- Graduated Payment Mortgage Definition | Investopedia
A type of fixed-rate mortgage in which the payment increases gradually from an initial low base level to a desired, final level. Typically, the payments will grow ...
- FHA Graduated Payment Mortgages
Graduated Payment Mortgages are FHA loans for homebuyers who currently have low to moderate incomes but expect them to increase substantially over the ...
- Graduated payment loan simulation
Enter or modify a loan with several different payment increments.
- Graduated Payment Mortgage (GPM) (Section 245(a))
Graduated Payment Mortgage (GPM) (Section 245(a)). Enables a household with a limited income that is expected to rise to buy a home sooner by making ...
- Graduated Payment - Financial Dictionary - The Free Dictionary
Repayment terms calling for gradual increases in the payments on a closed-end obligation. A graduated payment loan usually involves negative amortization.