Everything You Need To Know About Loans
|  Loan Dictionary  |    |  

  Rate Improvement Mortgage Definition
Rate Improvement Mortgage A fixed-rate mortgage that allows the borrower to reduce the interest rate of their mortgage without refinancing. You will only be allowed to adjust your rate to a lower interest rate one time during the term of your loan and you will need to do this within the period specified within the terms of your mortgage agreement (generally during the early years of your mortgage).

    Next Steps: Read Money Saving Loan Advice and Find Lenders with the LOWEST Loan Rates.
Mortgage Loans Home Refinancing Home Equity Loans Vehicle Loans Auto Refinancing

Home Loans & Car Loans Search

Home Refinancing | Home Mortgages | Home Equity Loans & Line of Credit | Auto & Motorcycle Loans | Auto Refinance Loans
Home - Loans | About EchoBay Loans | Loan Advice | SitemapCredit Report Help CenterDefinition Dictionary

Copyright© 2008, EchoBay Loans Company
Mortgage Refinancing Home Loans Home Equity Loans Auto & Motorcycle Loans Auto Refinancing Credit Reports