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Negative Amortization Loan
New Hampshire Negative Amortization
Loan
New Hampshire Negative
Amortization loan allows negative amortization;it means the borrower
is allowed to make a monthly mortgage payment that is less than the
interest actually owed during that month. With neg-am loans, if you
don't make the full payment, the rest of the payment will be added
to your loan balance, thus increasing your loan balance. It is up to you
how much your monthly payment will be.
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