Alt-a

adj

adj ·Rare ·Advanced level

Definitions

Adjective
  1. 1
    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. US

Etymology

Short for Alternative-A paper.

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.