Is it possible to eventually owe more on the house than the amount of the original loan with negative amortization?


Rate This Answer

It is not possible to eventually owe more on the home than the original amortization. According to the Fair Housing Act, no lender may charge excessive fees or refuse to make a mortgage loan based on your race, national origin or ethnicity, or religious background.

Answered by Lisa E. -

Related Questions

View More »

Comments

Advertisement