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over the life of the mortgage?

 
 
Nancy88
 
Reply Tue 22 Nov, 2011 06:52 am
If over the life of the mortgage or at an earlier sale the value of the home goes up again and it is sold at a profit, the owner should share the profi t with the lender. Ocwen Loan Servicing, based in Atlanta, is already offering shared appreciation plans.

over the life of the mortgage? What does it mean?
an earlier sale?Earlier than what?
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Type: Question • Score: 0 • Views: 453 • Replies: 1
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Region Philbis
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Reply Tue 22 Nov, 2011 07:05 am
@Nancy88,

the life of the mortgage is another way of saying the duration of it...
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