Tandem Loan

Filed Under » , , ,
Dictionary Says

Definition of 'Tandem Loan'

Two loans taken out on one asset, which is usually a house; the secondary loan is normally added to a primary loan. A tandem loan may also refer to a lending facility that enables businesses to bridge the gap between commercial loans and other sources of funding, with loan proceeds used for working capital, acquisitions, or land and equipment. They could provide monetary assistance to builders and developers of nonprofit public housing.
Investopedia Says

Investopedia explains 'Tandem Loan'

A specific type of tandem loan is the Federal Housing Administration's FHA/VA Tandem Loan, which is only available to veterans for financing single-family loans. Tandem loans should not be confused with a tandem plan, which refers to a mortgage purchase program involving Fannie Mae and Ginnie Mae.
Search results for

'Tandem Loan'

  • A Billionaire's Financial Entourage - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0311/A-Billionaires-Financial-Entourage.aspx
    ... lives of billionaires. The accountant and lawyer will work in tandem to cover
    all of the financial bases. Investment Broker Billionaires ...

  • Got A Good Mortgage Rate? Lock It Up!

    http://www.investopedia.com/articles/pf/08/lock-mortgage-rate.asp
    ... Longer time periods include incrementally higher fees, often rising in tandem with
    30 ... see Mortgages: Fixed-Rate Versus Adjustable-Rate.) If the loan fails to ...

  • 5 Things To Do Before Interest Rates Go Up - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0710/5-Things-To-Do-Before-Interest-Rates-Go-Up.aspx
    ... loan for $175,000, that move can cost you about $40,000 over the life of the loan. ...
    rate and so as rates head higher, their interest payments go up in tandem. ...

  • 8 Signs Your Neighborhood Is On The Upswing

    http://www.investopedia.com/articles/mortgages-real-estate/10/8-signs-of-an-upswing.asp
    ... It measures whether a typical family could qualify for a mortgage loan on a ... all of
    these indicators must be examined both in isolation and in tandem with the ...

  • Timeless Ways To Protect Yourself From Inflation

    http://www.investopedia.com/articles/basics/10/protect-yourself-from-inflation.asp
    ... Thus if a company experiences increase in its expenses in tandem with inflation,
    price increases alone are not enough to ... $30K Home Equity Loan, 5.74%, 5.77%. ...

  • Diversification: It's All About (Asset) Class

    http://www.investopedia.com/articles/financial-theory/08/asset-class.asp
    ... bond fund or portfolio will generally perform much like the Lehman Aggregate Bond
    Index, increasing and decreasing in tandem. ... $30K Home Equity Loan, 5.74%, 5.77% ...

  • Diversification: Protecting Portfolios From Mass Destruction

    http://www.investopedia.com/articles/financial-theory/09/uncorrelated-assets-diversification.asp
    ... A correlation of +1 means that prices move in tandem; a correlation of -1 means
    that prices move in opposite directions. ... $30K Home Equity Loan, 5.74%, 5.77%. ...

  • How Interest Rate Cuts Affect Consumers

    http://www.investopedia.com/articles/economics/08/interest-rate-affecting-consumers.asp
    ... interest payments on certain types of financing that are linked to prime or other
    rates, which tend to move in tandem with the ... $30K Home Equity Loan, 5.74%, 5.77 ...

  • The Birth Of Stock Exchanges

    http://www.investopedia.com/articles/07/stock-exchange-history.asp
    ... risk, high-interest loan might exchange it for a different loan with another ... Its
    international prestige rose in tandem with the burgeoning American economy and ...

  • Detecting Financial Statement Fraud

    http://www.investopedia.com/articles/financial-theory/11/detecting-financial-fraud.asp
    ... Sales are much easier to manipulate than cash flow but the two should move more
    or less in tandem over time. ... $30K Home Equity Loan, 5.74%, 5.77%. ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links