How does Negative Amortization Mortgage Loans Work ?
Well, most home owners who have owned a home hopefully knows how a mortgage actually works. The monthly loan payment is nothing but calculating the loan amount, interest rate and the term (number of years) to pay back the loan. So every conventional mortgage loan consists mainly of […]

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What is a Reverse Mortgage is a question that has become very common when it comes to choosing new mortgage products. Borrowers have always wanted to be inline with mortgage products that can suit their lifestyle and monthly payments. Particularly, senior citizens have always wanted a mortgage loan that is not pressurizing them with regular […]

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Many still have the question on what is a Sub prime mortgage and why did it impact the economy so badly. Sub prime mortgages are high risk mortgages from the lenders perspective. It might not sound that very cruel but the risk taken by every single company in the wall streets is a sign of […]

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