GEMs (Growing-Equity Mortgages)

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GEMs (Growing-Equity Mortgages)
Mortgages wherein yearly increases in monthly installments are adjusted towards outstanding principal and this serves to reduce the remaining loan term.

Recommended for you:

  1. Graduated-Payment Mortgages (GPMs)
  2. Growing-Equity Mortgage
  3. Negative Amortization
  4. Savings-Savy Borrowers Look to Credit Unions for 5-Year-Fixed Mortgages
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