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Why the New Interest in Interest-Only Mortgages?
NOTE: IF YOU WANT THE CRITICAL FACTS ABOUT INTEREST-ONLY WITHOUT ANY FRILLS, GO TO THE INTEREST-ONLY TUTORIAL. August 19, 2002 "In looking to refinance my existing mortgage, I've found some lenders offering "interest only" loans. One lender is offering an ... more... How Does Negative Amortization on a Mortgage Work? September 15, 1998 Negative Amortization and Related Concepts Ordinarily, the mortgage payment you make to the lender has two parts: interest due the lender for the month, and amortization of principal. Amortization means ... more... |
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loan term loans related definitions |
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Bridge Loan
Bridge Loan A bridge loan is a short-term loan, usually a second mortgage, run for 6 month but may be taken taken out for a period of 2 weeks to 3 years. The borrower's current home (which is usually "for sale") is ... more... Adjustable Rate Mortgage, ARM Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more... |
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More about loan term loans
Bad Credit Personal Loan A Payday Loan Or Cash Advance Can Be A Life Saver No Credit Check Payday Cash Advance Loan - Benefits to Using a Payday Loan Instant Payday Loan and Instant Payday Loans If You Consider To Get a Quick Cash Loan Then Reconsider It Car Loans After Bankruptcy - How Poor Credit or a Recent Bankruptcy Can Affect Your Loan Approval Business Loan Uses Car Loan Financing Finding a Good Lender Need a Personal Loan? Have Poor Credit? See if a Payday Loan Would Work For Your Needs Long Term Unsecured Loan?
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