Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about california negative amortization loan: | |||||||||||||||||||||||
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... Should You Fear Negative Amortization? November 20, 2000 " When my real estate agent turned me over to a loan officer, he said 'Don't put Charlie into an ARM (adjustable rate mortgage) involving negative amortization', and the loan officer said 'Don't worry'. I didn't want to confess my ignorance, but what ... more... |
|||||||||||||||||||||||
california negative amortization loan related definitions |
|||||||||||||||||||||||
Negative Amortization
Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more... 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... |
|||||||||||||||||||||||
More about california negative amortization loan Mortgage loans: Are 'No Cost Loans' Really at No Cost? Why a Hard Money Lender Might Be Your First Stop Government Student Loan Consolidation The Basics Selecting the Right Mortgage for You Student Loan Consolidation: The Good, Bad, and the Ugly California Pennsylvania Real Estate Payday loan: A Complete overview What is a Personal Secured Loan? California Mortgage Brokers To Repair Credit Is No longer Satisfactory - Learn How To Earn A Millionaire's Credit In 30 Days...
|
|
||||||||||||||||||||||
|