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Mortgage Types, Payment and Calculations

By Rob Spinosa

Mortgage and Lending with US Bank NMLS: 22343

March 16, 2012 04:22 AM

Mortgage Types, Payment and Calculations

The short video below covers the most common questions and important concepts to know about various mortgage loan types, including:

Fully-amortized loans.
Interest-only loans.
Balloon loans.
Negative amortization loans.

If you are trying to determine how to calculate a mortgage payment, or if you need more information about which loan program is right for you, this video on mortgage types, payments and calculations provides a great head start.

Also covered in under three minutes are aspects of fixed rate loans and adjustable rate mortgage (or "ARM") loans. Take a look!

If you need more information about any loan program, or could use help calculating a mortgage payment, or to begin the pre-approval process, simply call Rob at 877-270-5959, or send an e-mail to rspinosa@rpm-mtg.com Online pre-approval is always available at themortgagedictionary.com.

Robert J. Spinosa

Home Loan Professional
DRE: 01297944 NMLS: 22343

1058 Redwood Highway
Mill Valley, CA 94941

877.270.5959 Toll Free
415.367.5959 Cellular
415.366.1590 eFax
rspinosa@rpm-mtg.com