A mortgage loan (fixed-rate mortgage) that pays flat interest only (IO) over an interest only period within its life (10,...
It stands for graduated payment mortgage; a fixed rate mortgage that entails low payment (of interest and repayment of principal) in...
A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...
A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...