What Is Negative Amortization?: Understand Its Pros and Cons
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Amanda Byford has bought and sold many houses in the past fifteen years and is actively managing an income property portfolio consisting of multi-family properties. During the buying and selling of these properties, she has gone through several different mortgage loan transactions. This experience and knowledge have helped her develop an avenue to guide consumers to their best available option by comparing lenders through the Compare Closing business.
Amanda Byford
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About Negative Amortization When you take a mortgage, your monthly mortgage payments are set up based on amortization.  In regular amortization every payment that you make, your principal balance goes down.  However, there are some… Continue Reading What Is Negative Amortization?: Understand Its Pros and Cons