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  2. Second mortgage - Wikipedia

    en.wikipedia.org/wiki/Second_mortgage

    Interest rates on such loans are fixed for the entire loan term, both of which are determined when the second mortgage is initially granted. [17] These close ended loans require borrowers to make principal-and-interest repayments on a monthly basis in a process of amortisation. [18]

  3. Mortgage accelerator loan: What is it and how does it work? - AOL

    www.aol.com/finance/mortgage-accelerator-loan...

    To pay off your loan faster, you can simply put extra funds toward your principal. As you shop around for a mortgage, you might encounter a type of loan prepayment program known as mortgage ...

  4. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    Direct PLUS Loan: The direct PLUS loan is a federal loan that graduate or professional students and parents of undergraduate students can use to pay for their education. These loans can be used to help pay for education expenses not covered by financial aid. The Direct PLUS loan is not based on financial need, but credit is necessary.

  5. Registered retirement savings plan - Wikipedia

    en.wikipedia.org/wiki/Registered_retirement...

    A registered retirement savings plan (RRSP) (French: régime enregistré d'épargne-retraite, REER), or retirement savings plan (RSP), is a type of financial account in Canada for holding savings and investment assets. RRSPs have various tax advantages compared to investing outside of tax-preferred accounts.

  6. Thrift Savings Plan - Wikipedia

    en.wikipedia.org/wiki/Thrift_Savings_Plan

    The minimum term is one year; the maximum term is five years for the general-purpose loan and 15 years for the residence loan. There is a processing fee per loan which is taken out of the loan proceeds (the amounts are $100 for a residence loan and $50 for a general-purpose loan).

  7. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    A loan agreement (also known as a lending agreement [1]) is a contract between a borrower and a lender which regulates the mutual promises made by each party.

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