types of mortgages1 traditional, Financial Management

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types of mortgages1 traditional

Types of Mortgages

1. Traditional Mortgages

2. Non - Traditional Mortgages

3. Graduated-Payment Mortgages (GPMs)

4. Pledged-Account Mortgages (PAMs)

5. Adjustable-Rate Mortgages (ARMs)

6. Swiss Variable Rate Mortgage

7. Share-Appreciation Mortgages (SAMs)

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