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 A Look at the Advantages of Secured Loan Home Equity Loans in Texas How Payday Loans Work - The Real Deal! Student Loan Consolidation - How To Get The Best Rates And Plans? California Mortgage Loans How to Get 'Triple A' Credit in 25 Days Student Loan Consolidation Can Help Secured Business Loan Providing A Conducive Atmosphere For Business Growth Secured Loan for People with Bad Credit History Understanding the Dynamics of Instant Loans
|
|
||||||||||||||||||||||
|