Alt-A

adjective

Of a mortgage loan, that does not conform to the traditional standards of Fannie Mae, but is presented as having an A credit rating, based on the borrower's FICO credit score.

Meanings

adjective
  1. USbusinessOf a mortgage loan, that does not conform to the traditional standards of Fannie Mae, but is presented as having an A credit rating, based on the borrower's FICO credit score.

Origin

Short for Alternative-A paper.

Full word history & related roots →
Cite this entry
APA

Alt-A. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/Alt-A

MLA

“Alt-A.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Alt-A. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “Alt-A,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/Alt-A.

Source: Alt-A on Wiktionary, CC BY-SA 4.0.