Thursday, July 29, 2010

What is the most common legal type of mortgage?

What is the most common legal type of mortgage?What is the most common legal type of mortgage?
lol - i've never heard of an illegal mortgage before!





but 30-year, fixed rate is (hopefully) the most common.What is the most common legal type of mortgage?
Type does not include amortization period.


Most common is fixed term fixed rate with blended payment based on amortization period.
A 30 year fixed rate mortgage.
it would have to be the 30 year with a fix rate!!!!
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