gpm

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Related to Graduated Payment Mortgage: Growing Equity Mortgage

gpm

abbr.
gallons per minute

gpm

or GPM or g.p.m.,

gallons per minute.
References in periodicals archive ?
As interest rates rose in the late 1970s and early 1980s, mortgage lenders offered such new products as adjustable-rate mortgages (ARMs) and graduated payment mortgages (GPMs), with deeply discounted initial rates and negative amortization.
The menu of mortgage types now includes variable rate mortgages, in particular, adjustable rate mortgages (ARMs), negative amortization mortgages, biweekly payment mortgages, graduated payment mortgages (GPMs) and growing equity mortgages (GEMs), to name just a few.
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