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Mortgage Terms: Simple Interest Biweekly Mortgage Definition

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Mortgage Terms: Simple Interest Biweekly Mortgage Definition

Simple interest biweekly mortgage

Definition

A biweekly mortgage on which the biweekly payment is applied to the balance every two weeks, rather than held in an account as on a conventional biweekly

Related Terms

Other terms related to 'Simple interest biweekly mortgage' starting with the letter 'S'

Self employed borrower, Servicing release premium, Single lender web site, Sub prime borrower, Subordinate financing

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