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Meaning of Term

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tdean1001 Joined: 13 Oct 2009 Posts: 1 1.25 Dollars($)	Posted: Tue Oct 13, 2009 11:38 am    Post subject: Meaning of Term Like 0 Dislike 0 Banks quote 10 year term 20 year Am? I undertsand amortizing 20 make payments over the next 240 months where does 10 year term come from?
thewretched02 Joined: 23 Jun 2009 Posts: 115 23.92 Dollars($)	Posted: Tue Oct 13, 2009 6:22 pm    Post subject: Like 0 Dislike 0 could this be the fixed interest rate term? i.e. how long the interest rate on the loan will remain at the agree %? _________________ Home loan Mortgage refinance information USA Debt Settlement and Consolidation - You may qualify for a free quote Mortgage and home loan refinancing resources

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