Mortgage subsidy

Wiktionary Word definitions in Wiktionary
n. 1 (context finance English) An accelerated repayment of the principal of a loan. 2 (context mortgage finance English) A payment by a third-party to a lender to reduce some of all of the payments otherwise required, especially in first few years of the ...

Wikipedia Word definitions in Wikipedia
A buydown is a mortgage financing technique where the buyer attempts to obtain a lower interest rate for at least the first few years of the mortgage. The seller of the property usually provides payments to the mortgage lending institution , which, in turn, ...