| 释义 |
Alt-A
Alt-A n a type of US mortgage with interest rates determined by credit risk [From Alternative A-paper]Alt-A
Alt-AShort for Alternative-A paper. Alt-A are loans that are considered riskier than prime loans but less risky than subprime loans. Generally made to individuals with a good credit score but some aspect of the loan (e.g. limited documentation or high loan-to-value ratio) makes the loan riskier than prime. Also see A paper, No docs. |