GPM meaning in Real Estate ?

Answer:

What is Graduated Payment Mortgage mean?

A graduated payment mortgage loan, often referred to as GPM, is a mortgage with low initial monthly payments which gradually increase over a specified time frame. These plans are mostly geared towards young people who cannot afford large payments now, but can realistically expect to raise their incomes in the future. For instance a medical student who is just about to finish medical school might not have the financial capability to pay for a mortgage loan, but once he graduates, it is more than probable that he will be earning a high income. It is a form of negative amortization loan.

reference

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Group Project Manual	Academic & Science
Global Precipitation Measurement	Academic & Science
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