Mortgage Rates

Wraparound Mortgage
A wraparound mortgage is a loan arrangement where an existing mortgage is retained, and a new, larger loan is provided. The new lender remits payments on the existing loan and usually experiences a higher yield due to the difference in interest rates between the old and new loans.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.