Tag Archives: Real Estate Terms

Deferred Interest Mortgages

A deferred interest mortgage is a mortgage loan that allows the borrower to make minimum payments that are less than the entire amount of interest owed. The remaining interest is added to the amount of loan to be paid off. … Continue reading

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Wrap-Around Loans

A Wrap-Around Loan also known as a “Wrap” is a loan that is most commonly used with property with an outstanding loan. The seller lends the buyer the difference between the existing loan and the purchase price. The buyer’s loan … Continue reading

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