Thursday, April 7, 2016

Which of the following has lower payments for the first several years of the mortgage?


During this time the none of the mortgage payments go to pay off the loan.

a.
A growing equity mortgage
b.
An interest only mortgage
c.
A shared appreciation loan
d.
A second mortgage
e.
None of the above

Read more: Which of the following has lower payments for the first several years of the mortgage?