 Here is the second podcast of the new series. Join me, Rick Gundzik, as I discuss this week's topic, Hybrid Option ARM loans, What are they and how do they work? Is negative amortization bad? What is negative amortization? Is this a good loan for me? We also discuss prepayment penalties and how they work.
Show Notes: Secure Option Arm, Flex Pay ARM, Hybrid Option ARM - These terms all refer to a negative amortizing adjustable rate loan. In other words, you can possibly owe more on your home loan then when you first got your loan. Labels: banking, finance, loans, mortgage, personal finance, podcast, podcasting |
