GPM in Real Estate Meaning
The GPM meaning in Real Estate terms is "Graduated Payment Mortgage". There are 1 related meanings of the GPM Real Estate abbreviation.
GPM on Real Estate Full Forms
- Graduated Payment Mortgage A fixed-rate, fixed-schedule loan. It starts with lower payments than a level payment loan; payments rise annually, with the entire increase being used to reduce the outstanding balance. The increase in payments may enable the borrower to pay off a 30-year loan in 15 to 20 years, or less.
Frequently Asked Questions (FAQ)
What does GPM stand for Real Estate?
GPM stands for Graduated Payment Mortgage in Real Estate terms.
What is the shortened form of Graduated Payment Mortgage in Real Estate?
The short form of "Graduated Payment Mortgage" is GPM for Real Estate.
Citation
GPM in Real Estate. Acronym24.com. (2022, February 20). Retrieved May 17, 2024 from https://acronym24.com/gpm-meaning-in-real-estate/
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