The Real Estate Encyclopedia
Variable Rate Mortgage
Category - Real Estate Glossary - Real Estate Terminology

Variable Rate Mortgage (VRM) - aso known as a Variable Rate Loan is a real estate loan under which the terms of the note permit the interest rate to vary upward or downward over the term of the loan depending on current money market conditions.

 

 
Category(s)
Real Estate Glossary - Real Estate Terminology
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