Shared equity

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Shared equity mortage: a mortgage in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the property is later sold, the lender is entitled to a portion of the proceeds.

 from Nolo’s Plain-English Law Dictionary


Dan Immergluck suggests using "shared-equity homeownership" for programs that have resale restrictions for ongoing affordability; vs "shared-equity mortgage" for those that don't, ie 'investor' type.


See also:  Shared appreciation mortgage (Wikipedia).