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If you are an existing borrower, you may already have a different type of mortgage.
A lot depends on the type of mortgage you both have.
As with any other type of mortgage, the principal balance will eventually have to be repaid.
Some homeowners may want to switch to another type of mortgage.
It also makes sense to consider the type of mortgage you will use, according to ERA.
In another e-mail message, Mr. Mozilo discussed a type of mortgage known as a Pay Option adjustable-rate loan.
How much of the benefit you will get largely depends on the type of mortgage you have.
It then became an early and enthusiastic proponent of the raciest type of mortgage lending in Britain.
deals — the most complex type of mortgage security and the instruments that sent the lending craze to dizzying heights.
Household International said yesterday that it, too, would yield to pressure from consumer groups and stop selling a type of mortgage insurance that has been criticized as predatory.
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The challenge to borrowers who must make a type-of-mortgage decision in this environment is also a challenge to anyone presumptuous enough to offer them advice.
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