Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about mortgage balloon payment: | |||||||||||||||||||||||
Detail on Single-Lender Mortgage Web Sites
Summary Rankings of Web Sites, January 12, 2005 Rank URL Score Rank URL Score 1 Amerisave.com 47 2 Eloan.com 46 11 Countrywide.com 25 3 Mortgage.com (ABN ... more... 40-Year Loan or Modify the 30 and 15? November 8, 2004 Is the 40-Year Mortgage a Useful Instrument? I don't think so. While 40-year mortgages increase affordability by reducing the mortgage payment, the reduction is very modest. Furthermore, a small tweaking in the 30-year mortgage would accomplish the same thing, ... more... |
|||||||||||||||||||||||
mortgage balloon payment 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... Graduated Payment Mortgage, GPM Graduated Payment Mortgage, GPM A type of flexible-payment mortgage where the payments increase for a specified period of time and then level off. This type of mortgage has negative amortization built into it. A mortgage that has lower payments initially (with potential ... more... |
|||||||||||||||||||||||
More about mortgage balloon payment Tucson Mortgage Refinance How to Mortgage Comparison Shop Online Mortgage Brokers - What You Might Not Know About Home Loans & The Internet Mortgage Pitfalls You Need to Avoid Mortgage Refinance Pay Less Lender Fees Hard Money Loans - Reasons Why You Might Want To Try Applying With A Subprime Mortgage Lender How and Why to Refinance Your Mortgage Mortgage: Effective Household Investment for Financial Autonomy To Refinance or not to Refinance -- Here is the Answer Top 5 Things You Need to Know About Your Mortgage! Bad Credit Mortgage Company - Recognizing Mortgage Lender Scams
|
|
||||||||||||||||||||||
|