Alt-A mortgages are residential property-backed loans made to borrowers who have better credit scores than subprime borrowers but provide less documentation than normally required for a loan application.
An ISA mortgage is a type of interest-only mortgage where the borrower only pays interest and invests in an Individual Savings Account (ISA) to eventually repay the capital.
A specialized home loan arrangement where the lender is granted a share of the equity in the property, allowing them to participate in the proceeds from its resale.
