Method and system for structuring a mortgage
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United States of America Patent
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May 22, 2012
Grant Date -
Dec 13, 2007
app pub date -
May 24, 2006
filing date -
May 24, 2006
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
Methods and systems are configured to structure a collateralized loan such that a borrower's future income is factored into the determination of payment amounts due to a lender. The methods and systems disclosed herein provide benefits to both lenders and borrowers and, regarding real estate purchases, may expand the pool of buyers that qualify for certain mortgage amounts.
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Cited Art Landscape
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