A shared appreciation mortgage (SAM) is a mortgage loan tied to the appreciated value of a property.

Question

Quizplus · Accepted Answer

A shared appreciation mortgage (SAM) is a type of mortgage loan that allows lenders to share in the appreciation of the property's value over time. In exchange for offering lower interest rates or a smaller down payment, the lender agrees to receive a percentage of the home's future appreciation when the property is sold or the mortgage is paid off. This type of mortgage is often used for borrowers who have limited cash for a down payment or who want to reduce their monthly mortgage payments.

A Shared Appreciation Mortgage (SAM) Is a Mortgage Loan Tied