Cashback - A payment (either a fixed or a percentage of the mortgage amount) offered by some lenders as an incentive to borrow from them. Sometimes there are redemption penalties associated with these types of deals.
A sales incentive, commonly used on mortgages, which gives customers a cash sum as soon as the deal is signed. Typically linked to heavy redemption fees.
Cashback : a payment (either a fixed or a percentage of the mortgage amount) offered by some lenders as an incentive to borrow from them. sometimes there are redemption penalties associated with these types of deals.
a sales incentive, commonly used on mortgages, which gives customers a cash sum as soon as the deal is signed. typically linked to heavy redemption fees.