An adjustable-rate loan that offers the borrower low initial payments for the first several years, but then increases the payment amounts dramatically after the introductory period. Adjustable-rate mortgages (ARMs), a type of teaser lone, have been accused of contributing to the US housing collapse of 2008.
Related information about teaser loan:
- Teaser Loan Definition | Investopedia
An adjustable-rate mortgage loan in which the borrower pays a very low initial interest rate, which increases after a few years. Teaser loans try to entice ...
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Definition of teaser loan: An adjustable-rate loan that offers the borrower low initial payments for the first several years, but then increases the payment amounts ...
- Teaser Loan: Definition from Answers.com
Teaser Loan An adjustable-rate mortgage loan in which the borrower pays a very low initial interest rate, which increases after a few years.
- Teaser loan borrowers get relief - The Times of India
Aug 9, 2012 ... Borrowers who availed of dual rate home loans, which were hugely popular between 2009 and 2011, will be allowed to prepay loans during ...
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A teaser loan is usually a dual interest rate special home loan scheme. In case of a teaser home loan scheme, the interest rate is kept fixed and low during the ...
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Aug 8, 2012... teaser loan system has put in place does it not violative in nature agree 1 disagree 1 recommend 1 offensive krshetty1951 mangalore replies ...
- SBI withdraw Teaser Loans | Business - Oneindia News
Apr 21, 2011 ... One of the many reasons for the financial crisis in 2008 was banks giving out extensive amount of money as part of the teaser loan in US during ...
- Refinance teaser loan rates for a penalty
Jun 21, 2012 ... A home loan borrower, who had availed a Rs 1 crore loan under the teaser loan scheme that was popular a couple of years before, from a ...