Alt-A

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Definition: Alt-A

Alt-A
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Full Definition of Alt-A

A category of mortgages which have a risk potential that is greater than prime but less than subprime. The interest rate offered on these mortgages is usually between the prime and subprime levels. The reason for the increased risk is usually not the borrower’s credit history, but rather something specific about the mortgage.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/alt-a/
Modern Language Association (MLA):
Alt-A. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 24, 2024 https://payrollheaven.com/define/alt-a/.
Chicago Manual of Style (CMS):
Alt-A. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/alt-a/ (accessed: April 24, 2024).
American Psychological Association (APA):
Alt-A. PayrollHeaven.com. Retrieved April 24, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/alt-a/

Definition Sources

Definitions for Alt-A are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.