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16:43 Jul 5, 2007
This question was closed without grading. Reason: No acceptable answer
English to Swedish translations [PRO] Bus/Financial - Finance (general)
English term or phrase:wrap-around mortgage
Det här är allt jag har:
A wrap-around mortgage is a combination of refinancing a mortgage and borrowing against real estate equity. Usually the two unknown quantities in the wrapped mortgage are the new payment and the rate of return to the lender.