Equity mortgage
Equity mortgage
An equity mortgage is a real estate property loan that gives the lender a share of the proceeds when the property is sold. In essence, the lender gives the borrower a lower interest rate in exchange for an ownership share in the mortgaged property.
National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.92 |
| 15 yr fixed |
4.36 |
| 5/1 ARM |
3.76 |
Rates may contain points
