Flexible Payments

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January 1, 1 6 min read Definitions
Deferred-Interest Mortgage
Deferred-Interest Mortgage Home Financing Negative Amortization Flexible Payments Mortgage Options
A deferred-interest mortgage is a type of home financing loan that offers the borrower an option to pay less than the interest due on its outstanding balance. Any shortfall in the interest payment is then added to the loan's principal, leading to negative amortization.
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