Homedebtor

What is Homedebtor?


1.

1. Someone who owns a home with little or no equity, meaning they might have to write a check to sell the home

2. Someone whose payments on loans secured by their home add up to a third or more of her/his income

The plan to prevent variable rate mortgages from adjusting would help very few homedebtors.

See homeowner, fb, realtor


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