KudoZ home » English to Italian » Law: Contract(s)

Mortgage ACC

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.

15:07 Jan 4, 2012

This question was closed without grading. Reason: Answer found elsewhere

English to Italian translations [PRO]
Law/Patents - Law: Contract(s)

English term or phrase: Mortgage ACC

Cosa significa Mortgage ACC?

Grazie

Martina Agnes KudoZ activity Questions: 169 (4 open) (5 closed without grading) Answers: 38 Italy
Local time: 03:35

Summary of answers provided

mortgage accelerator

Glinda

3 +1

(ACCBank)

Angela Melegari

Discussion entries: 6

Answers

20 mins confidence:

peer agreement (net): +1

mortgage acc (ACCBank)

Explanation:
Bisognerebbe capire di più il contesto. C'è anche una banca che si chiama ACC. IL fatto che sia scritto di tutte maiuscole mi fa pensare di più ad un acronimo che ad un'abbreviazione...

Angela Melegari
Italy
Local time: 03:35
Native speaker of:

Italian
PRO pts in category: 8

9 mins confidence:

mortgage acc mortgage accelerator

Explanation:
E' il 'mortgage accelerator'.

I recently found out about a financial product called a mortgage accelerator. This is not a bimonthly payoff of a 30-year mortgage; it's a line of credit tied to an account with direct deposit that works like a checking account to pay out regular living expenses as well as paydown the balance of the house cost. The high average daily balance allows you to pay off the home loan much faster than a traditional mortgage. There is a fee, but the costs still seem so much lower than the accumulated interest of a 30 year mortgage.
http://www.msnbc.msn.com/id/15145783/ns/business-answer_desk...

--------------------------------------------------
Note added at 28 min (2012-01-04 15:35:30 GMT)
--------------------------------------------------

Se 'acc' sta per 'acceleration', allora si tratta di 'estinzione anticipata del mutuo'

Se 'acc' sta per 'accelerator' allora si tratta del 'mutuo (a tasso) flessibile'.

Sono comunque gli stessi identici concetti.

The term flexible mortgage refers to a residential mortgage loan that offers flexibility in the requirements to make monthly repayments. The flexible mortgage first appeared in Australia in the early 1990s (hence the US term Australian mortgage), however it did not gain popularity until the late 1990s. This technique gained popularity in the US and UK recently due the United States housing bubble.[1][2][3] The term mortgage acceleration is also used, as the mortgage loan can be paid off faster than standard mortgages if the borrower is in a position to do so. With traditional mortgages, borrowers often face large penalties for additional capital repayments or if payments were not made on time.
http://en.wikipedia.org/wiki/Flexible_mortgage

Il mutuo prima casa con tasso flessibile è un mutuo le cui rate sono composte solo dagli interessi, mentre la quota di capitale è rimborsata in maniera libera.
Viene utilizzata spesso per estinguere anticipatamente il mutuo, anche se è adatto a poche tipologie di reddito in grado di contare su molte entrate extra.

I vantaggio considerevole dei mutui a tasso flessibile è dato dal fatto che il rimborso del capitale viene gestito con particolare flessibilità, tenendo conto delle scadenze fissate.

Per il mutuo flessibile è consigliabile rimborsare il capitale tutte le volte in cui si ha la disponibilitá. Il mutuo flessibile è un mutuo a tasso variabile, con rate costituite soltanto dagli interessi.

II cliente ha la facoltà di rimborsare il capitale con la massima flessibilità, entro il tempo indicato nel contatto.

Il mutuo flessibile per i lavoratori autonomi, viene considerato anche mutuo con piano di ammortamento, tenunto conto che non ha un programma di rimborso predefinito.

AI consumatore viene difatti data la possibilità di restituire le quote di capitale a sua preferenza. In sostanza, il piano di ammortamento viene riprefissato ogni qual volta che si eseguono rimborsi di capitale.
http://www.mutui2008.it/crisimutui/mutuo-flessibile.php

Glinda
Local time: 03:35
Native speaker of:

Italian
PRO pts in category: 4

Return to KudoZ list

KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

Overview

Latest translation questions

Ask a translation question

See also:

ProZ.com term search

Search millions of term translations

Mortgage ACC

Login or register (free and only takes a few minutes) to participate in this question.

Answers

Sign in to your ProZ.com account...

Or create a new account

ProZ.com ideas

KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

Mortgage ACC

Login or register (free and only takes a few minutes) to participate in this question.

Answers

Sign in to your ProZ.com account...

Or create a new account

ProZ.com ideas

KudoZ™ translation helpThe KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.