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Alternative Mortgage

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Sam Site Admin Joined: 21 May 2005 Posts: 280 Location: CALIFORNIA 116.97 Dollars($)	Posted: Wed Jun 23, 2004 5:21 pm    Post subject: Alternative Mortgage Alternative Mortgage is any home loan that does not conform to standard fixed rate mortgage. Features of alternative mortgage are as following: It is a non conforming loan which can include- Adjustable rate mortgage Reverse annuity mortgage Graduated-payment mortgage It may vary in following- Interest rate Maximum loan amount Loan to value ratio

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