Shared Equity Mortgage

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Shared Equity Mortgage

Definition: Shared Equity Mortgage

Shared Equity Mortgage

Quick Summary of Shared Equity Mortgage

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the lender is entitled to a portion of the proceeds.

Cite Term
Sources

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/shared-equity-mortgage/
Modern Language Association (MLA):
Shared Equity Mortgage. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/shared-equity-mortgage/.
Chicago Manual of Style (CMS):
Shared Equity Mortgage. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/shared-equity-mortgage/ (accessed: April 20, 2024).
American Psychological Association (APA):
Shared Equity Mortgage. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/shared-equity-mortgage/

Definition Sources

Definitions for Shared Equity Mortgage 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: 23rd April, 2020 | 0 Views.