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What is a graduated payment mortgage?
Graduated Payment Mortgage is a type of fixed-rate mortgage in which the payment increases gradually from an initial low base level to a desired, final level.
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Asked 6/1/2011 11:23:43 PM
Updated 12/11/2016 11:28:29 AM
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Edited by yumdrea [12/11/2016 11:28:26 AM]
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Graduated Payment Mortgage is a type of fixed-rate mortgage in which the payment increases gradually from an initial low base level to a desired, final level.

Added 12/11/2016 11:28:29 AM
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