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IO Fixed-Rate Mortgage

A mortgage loan (fixed-rate mortgage) that pays flat interest only (IO) over an interest only period within its life (10,...

    GPM

    It stands for graduated payment mortgage; a fixed rate mortgage that entails low payment (of interest and repayment of principal) in...

      Jeep Mortgage

      A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...

        Graduated Payment Mortgage

        A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...