Method and system for structuring a mortgage

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 pu...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: LeClair, Raymond A, Schulman, Henry Evan C
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung: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.