A readvanceable mortgage product that allows your lender to lend you more money as your property value increases, without having to refinance your mortgage. One important thing to consider about collateral mortgages, however, is they cannot be transferred to another lender – not even at the end of your mortgage term.
« Back to Glossary Index
VIEW ALL
Eye lens regeneration from own stem cells
September 30, 2016Sense of smell may predict Alzheimer’s risk
September 30, 2016