Author of this content has low reputation.

LeoGlossary: Growing Equity Mortgage (GEM)

leoglossary(-2)
Published in
LeoFinance
Words
35
Reading
1 min
4y
Listen to this post
~1 min

A mortgage which has annual monthly payment increases are used to reduce the principle of the loan and reduce the term.

leoglossary
growingequitymortgage
gem
realestate
term
property
mortgage
home
leofinance
via leofinance
This post was published via leofinance. Ecency is not the originator or editor of this content and displays it for discovery purposes only.
0
LeoGlossary: Growing Equity Mortgage (GEM) | Ecency