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Convertibility Clause
Updated
January 19, 2023
A clause that allows the borrower of an ARM loan to change the ARM to a fixed-rate loan at a specified time during the loan period.
Curtailment
Cumulative Interest
Creditworthiness
Creditor
Credit Score
Credit Report
Covenant
Convertible ARM
Conventional Loan
Contractual Payment: Home Equity Line of Credit
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