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Best Nationwide Loans
19600 Fairchild Road, Suite 290
Irvine, CA 92612
Toll Free: 888-801-3000
Fax: 888-595-7274
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RD Glossary - Negative Amortization
An increase in the outstanding balance of a mortgage that occurs when the monthly payment is not large enough to cover the interest due. The amount of the shortfall is added to the remaining balance to create "negative" amortization.
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Today's Rate |
| 5.0% |
| * 5.372% APR. The displayed annual percentage rates (APRs) include total Points and additional prepaid finance charges but do not include other Closing Costs. On adjustable-rate loans, rates are subject to increase over the life of the Loan. |
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