But for the sake of simplicity, let's focus on the 30 -
year amortization type, which is far and away the most popular.
Not exact matches
Reductions in mortgage principal debts through regular
amortization played a role, as did refinancings by owners into loan
types with shorter terms — mainly 15
years — and faster payoffs of principal.
While higher housing values and tight inventory levels have hampered home - buying activity so far this
year, longer
amortization periods and alternative housing
types have...
Where the loan product includes a loan feature that may cause the loan balance to increase, the disclosure required by § 1026.37 (a)(10)(ii)(A) is preceded by the time period that the borrower is permitted to make payments that result in negative
amortization (e.g., «2 Year Negative Amortization»), followed by the loan p
amortization (e.g., «2
Year Negative
Amortization»), followed by the loan p
Amortization»), followed by the loan product
type.