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Glossary of Terms > I > Indexed ARM

Indexed ARM

An adjustable-rate loan on which the interest adjusts mechanically based on changes in an interest rate index; as opposed to a "discretionary ARM" on which the lender can change the rate at any time, subject only to advance notice.

I Terms

Impact Fee

Indexed ARM

Inflation

Initial Interest Rate

Interest Accrual Period

Interest Rate

Interest-only Mortgage

Internet Mortgage

Inventory

Investment Loan