Definitions for "Shared-appreciation mortgage"
A loan that allows a lender or other party to share the borrower's profits when the house is sold.
A home loan in which the lender offers a below-market interest rate in exchange for sharing in the profit when the home is sold.
A specific type of loan in which the lender offers the borrower an interest rate that is below market levels in agreement for a portion of the profits generated from the sale of the home.
Keywords:  equity, loan
Shared Equity Loan