Negative Amortization  Mortgage Glossary

Mortgage Glossary

Below is an A-Z glossary of general terms used within the mortgage industry. Click on any term to view a detailed explanation. Use the alphabet below to navigate quickly to a term beginning with:



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Negative Amortization

A situation where the monthly payments are actually less than the amount of interest due, resulting in the increase of the capital repayment that will be due on the mortgage.

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Mortgage Glossary

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