Thorold Classifieds
Types of Mortgage Loan
Share on:
There are many types of mortgages used worldwide, but several factors broadly define the characteristics of the mortgage. All of these may be subject to local regulation and legal requirements.
The two basic types of amortized loans are the Fixed Rate Mortgage (FRM) and Adjustable ---_rate Mortgage (ARM) (also known as a floating or variable rate mortgage In some countries, such as the United States, fixed rate mortgages are the norm, but floating rate mortgages are relatively common. Combinations of fixed and floating rate mortgages are also common, whereby a mortgage loan will have a fixed rate for some period, for example the first five years, and vary after the end of that period.
Ad Info
ID: 25214
Posted on: 2016-01-14 08:31:36
Link (shortened): http://thorold.miniads.ca/25214
Price: Free
Address: 3200 Roblin Boulevard Winnipeg, Manitoba R3R 0C3 [See Google Map Directions]
Phone: 2048884663
Flag this ad
Report the ad if you find it inappropriate in some shape or form, or especially if the seller tried to scam you.
Important Safety Notices:
- All transactions should be done in person (e.g. at nearest coffee shop) with cash.
- Do not ship items and do not accept other payment methods.
- Ask for a phone number to talk to the person. If the phone number doesn't start with +1 for US/Canada this should be your red flag.
- Sellers asking for money to an address residing outside of the country are most likely scammers.
- Never click on links in an email that asks you to sign into ebay, amazon, miniads etc. Always visit the main site first and then login.
- We do not offer buyer or seller protection for items purchased on the MiniAds site. Sellers claiming that in emails are scammers and should be reported ASAP.
- Please report bad sellers ASAP in order to protect yourself and other users as well!
This ad has been published in