Upside Down Mortgage

0.01 sec.

A mortgage in which the amount that a property owner owes on the loan is more than that property's current market value. For example, if one borrows $100,000 to buy a house and, for whatever reason, the value immediately drops to $60,000, the homeowner is said to have an upside down mortgage. Upside down mortgages are most common after the burst of an asset bubble.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
house poor land poor			22, 2010 /PRNewswire/ -- Homeowners are sick and tired of paying on their upside down mortgages while their neighbors and fat cat bankers get bailed out by the Fed. Feeling Like Your Mortgage Is a Rip-off? ModPilot Gives the Tools to ... by PR Newswire An upside down mortgage is when the current market value of your home is much lower than the amount of your current mortgage. Refinancing Upside Down Mortgages by Ask Bill / Banking, finance and accounting community Nor would it be easy to get the first lien holder to consolidate 1st and 2nd mortgages together as this would most likely cause an upside down mortgage (over 100% financing). Help for the Rental Property Owner - Is There Such a Thing by Michele McNeal / Real estate industry community			Unsubscribed Unsystematic Risk Unternehmen Unused License Unweighted Index Unwelcome Assignment Unwind Unwind a Trade Up Up Market Up Tick Up Volume Up-and-In Option Up-and-Out Option Up/Down Volume Ratio Upfront Fee Upfront Mortgage Broker Upfront Mortgage Lender Upgrade Upgrading Upkeep Upmarket upper bracket Upscale upset price Upside Down Mortgage Upside Potential Upside/Downside Ratio Upstairs Market Upstairs Order Upstairs Trade Upstream Upswing Uptick Uptick Rule Uptick trade Uptick Volume Uptick/Downtick Ratio Uptick/Downtick Rule Uptrend Uptrend Line Upturn URAR urban area urban cluster Urban Development Act of 1970 Urban Land Institute urban renewal urban sprawl urbanized area Urikehai			upshot of upshots upshots upshots Upshur County Upshur County Development Authority Upshur County Public Library Upshur County, Texas Upshur County, TX Upshur County, West Virginia Upshur County, WV Upshur Rural Electric Cooperative Corporation Upshur, Abel Parker UPSI UPSID UPSIDC upside upside upside upside down upside down upside down upside down upside down Upside Down (song) Upside Down Christmas Trees Upside Down Christmas Trees Upside Down Christmas Trees Upside Down Count Attitude Upside Down in the Weeds on Fire Upside Down Mortgage Upside Down Mortgages Upside Down Stomach Sign Upside Down the World Upside Down World Upside Downside Ratio Upside Downside Ratio Upside Downside Ratios Upside potential Upside potential upside-down upside-down Upside-Down Bathtub Failure Rate upside-down cake upside-down cakes upside-down films upside-down roof Upside-Down Stomach Upside-Downside Ratio Upside-Downside Ratios Upside/Downside Ratio Upside/Downside Ratios Upsidedown Upsidedown in the Weeds on Fire upsides upsides Upsidown upsilon upsilon upsilon Upsilon (letter)

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.