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Mortgage Loan Products – Part II

Mortgage Loan Products Part II

Last week, I discussed how in today’s mortgage industry there are many different loan products to choose from, and how understanding these products can be vital for particular circumstance within the current economic environment.  I am going to continue my discussion and cover Graduated Payment Mortgages (GPM) as well as the popular Adjustable Rate Mortgages (ARM).    Read the rest of this entry