First Time Home Buyer and Down payment assistance programs for home buyers seeking government grants and charity not for profit contributions.

NEGATIVE AMORTIZATION


NEGATIVE AMORTIZATION
When the balance of a loan increases instead of decreases. Usually due to a borrower making a minimum payment on an Adjustable Rate Mortgage during a period when the rate fluctuates to a high enough point that the minimum payment does not cover all of the interest.

 



bookmark this page

 

Life Insurance - Admiral Car Insurance - Harry Rady

<<<Back to the Down Payment Solutions™ Home Page

 


Copyright Notice for our Down Payment Solutions™ web site2004 - 2009 U.S. #TX0006199019 - All Rights Reserved
Privacy Policy/Terms of Use


Valid HTML 4.01!

Mortgage Terms Site Map

Deaf Topics | Debt Consolidation | Wp themes | Valentine Gifts For Him | Debt Consolidation