Subprime mortgage loans
Scope Notes
Here are entered works on mortgage loans offered at a higher interest rate than the prime rate, primarily to individuals with low credit scores who do not qualify for traditional financing.
Used for
- B-paper mortgage loans
- Near-prime mortgage loans
- Non-prime mortgage loans
- Nonprime mortgage loans
- Second chance mortgage loans
- Sub-prime mortgage loans
Broader Terms (1)
Hierarchy
Broader groupings: