Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Graduated-Payment Mortgage(GPM)

California Association of Realtors

Updated 10-31-2026

Graduated-Payment Mortgage(GPM)

A type of flexible-payment mortgage where the payments increase for a specified period of time and then level off. This type of mortgage has negative amortization built into it.

California Association of Realtors Glossary

California Association of Realtors · p. 6

Need help?

Ask more questions about Graduated-Payment Mortgage(GPM) in Help. You'll get answers for your situation.