Conversion Option

In mortgage finance, the term “conversion option” denotes a clause in a variable mortgage agreement which allows the borrower to convert the variable mortgage into a fixed rate mortgage.

Conversion options may be open, allowing conversion at any time, or they may limit conversion opportunities to specific intervals.

More on this topic:
Swiss mortgage comparison

About moneyland.ch

moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. More than 70 unbiased comparison tools and calculators are available on moneyland.ch, along with useful financial guides and timely news. The comprehensive comparison tools help you to find the right insurance policies, bank accounts, credit and prepaid cards, loans, mortgages, trading accounts and telecom products for your needs.