Negative amortization loans, also known as deferred interest loans, neg am and payment option ARMs (adjustable rate mortgages), are home financing options that have payment adjustment caps in addition to interest rate adjustment caps. This means that even though the loan’s interest rate may increase, your payment will generally stay the same. As housing prices [...]
Posts Tagged ‘Adjustable Rate Mortgages’
The Risks of Negative Amortization Home Mortgage Loans
Posted by admin on March 17th, 2010
Posted in Article 
Tags: Adjustable Rate Mortgages, Comptroller Of The Currency, Dugan, First Few Years, Home Mortgage Loans, Initial Cash Outlay, Interest Loans, Interest Rate Increases, Loan Balance, Loan Balances, Minimum Payment, Minimum Payments, Mortgage Amortization, Negative Amortization Loans, Option Arms, Payment Adjustment Caps, Payment Increases, Principal Balance, Traditional Mortgages, Unpaid Interest 
No Comments »Your Options When You Missed Two Mortgage Payments
Posted by admin on January 12th, 2010
Home owners across the country are facing adjustable rate mortgages that having increasing payments that make on time payments next to impossible to make. If you are a home owner that is facing this stress because you missed two or more mortgage payments you need to be aware of how serious of a problem you [...]
Posted in Article Tags: Adjustable Mortgage, Adjustable Rate Mortgages, Conforming Mortgage, Extreme Option, First Mortgage, Fixed Rate Mortgage, Late Payments, Loan Modification, Mortgage Holder, Mortgage Lender, Mortgage Payment, Mortgage Payments, Rate Increases, Repayment Plan, Safe Zone, Second Mortgage, Sub Prime Crisis, Sub Prime Lenders, Sub Prime Mortgage, Time Payments No Comments »Fixed Rate Home Equity Loan Versus Adjustable HELOC: Comparing 2nd Mortgage Loans
Posted by admin on December 19th, 2009
Many people think of a second mortgage as a fixed interest, lump sum loan. However, that is only one form of a second mortgage. A second mortgage is actually ANY secondary lien on your home–secured loan with your home pledged as collateral. Second mortgages are typically categorized as fixed mortgage rate home equity installment loans [...]
Posted in Article Tags: 2nd Mortgage Loans, Adjustable Rate Mortgages, Annual Percentage Rate, Equity Line Of Credit, Fixed Mortgage Rate, Fixed Rate Home Equity Loan, Helocs, Home Equity Line, Home Equity Line Of Credit, Home Equity Lines, Home Equity Lines Of Credit, Home Equity Loan, Home Equity Loans, Home Secured Loan, Installment Loans, Interest Rate Changes, Rate Home Equity, Treasury Bill Rate, U S Treasury, Variable Rate Loan No Comments »