Definition: a financing arrangement in which the monthly mortgage payments are less than required to pay both interest and principal. The unpaid balance is added to the loan balance.
Pronunciation: \ˈne-gə-tiv\ \ˌa-mər-tə-ˈzā-shən also ə-ˌmȯr-\
Used in a Sentence: Negative amortization occurs when the mortgage payments are not large enough to cover the interest expense.
What are your plans for 2025? Now, if you're thinking, "It's only October," you're absolutely right! It's October 4th, and believe it or not, there are only 89 days remaining...
What are your plans for 2025? Now, if you're thinking, "It's only October," you're absolutely right! It's October 4th, and believe it or not, there are only 89 days remaining...
How to Start a Full-Time Real Estate Career in Florida Thinking of embarking on a real estate career in the Sunshine State? Florida presents lucrative opportunities for real estate professionals...
How to Start a Full-Time Real Estate Career in Florida Thinking of embarking on a real estate career in the Sunshine State? Florida presents lucrative opportunities for real estate professionals...
We are thrilled to invite you to an exclusive live broadcast happening today at 12 PM Noon Eastern. This session is tailored for real estate professionals eager to stay...
We are thrilled to invite you to an exclusive live broadcast happening today at 12 PM Noon Eastern. This session is tailored for real estate professionals eager to stay...
