In finance, negative amortization, also known as NegAm, is an amortization method in which the borrower pays back less than the full amount of interest owed to the lender each month. The shorted amount is then added to the total amount owed to the lender. Such a practice would have to be agreed upon before shorting the payment so as to avoid default on payment. Also known as deferred interest or Graduated Payment Mortgage (GPM).
negative amortization
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表M真是博学. 可我不明白什么人会要这样的loan呢? 除非
-金色风铃-
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09/19/2007 postreply
10:33:11
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yes, loan officer 难脱misleading之嫌
-表情符号-
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09/19/2007 postreply
10:40:00
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回复:表M真是博学. 可我不明白什么人会要这样的loan呢? 除非
-sunnyhill-
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09/19/2007 postreply
11:13:04
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savvy的人知道是怎么回事就好. 就怕象这个人似的就相信loan officer
-金色风铃-
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09/19/2007 postreply
11:24:57
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回复:savvy的人知道是怎么回事就好. 就怕象这个人似的就相信loan officer
-sunnyhill-
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09/19/2007 postreply
11:33:38
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A lot of investors use this program to acquire
-CaLoanAgent-
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09/19/2007 postreply
11:31:56