Topical Terminology > Repayment Plan
Repayment plan
For Repayment plan we have terms and definitions in 3 topics. The topics are Mortgage, Purchasing A Home and Real Estate.
Repayment Plan (Mortgage) 
An agreement between a lender and a borrower who is delinquent on his or her mortgage payments, in which the borrower agrees to make additional payments to pay down past due amounts while still making regularly scheduled payments.
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Repayment Plan (Purchasing A Home)
An arrangement made to repay delinquent installments or advances. Lenders' formal repayment plans are called "relief provisions."
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Repayment Plan (Real Estate)
An arrangement made to repay delinquent installments or advances. Lenders' formal repayment plans are called "relief provisions."
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