US Borrowers View of Mortgage Product

abn amro offers a variety ♦ 1st liens on real property (e.g., collateral specific)

of product but does not participate in interest-only mortgages, reverse mortgages or balloon mortgages.

Typically no penalty for prepayment Variety of basic terms:

  • Fixed rate mortgages: predominantly 15 year or 30 year
  • Adjustable rate mortgages: ARM and ARM hybrids
  • Other hybrid products:
  • Interest only payments
  • Reverse mortgages
  • Balloon principal
0 0

Post a comment