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    e ability to buy a more expensive home than they would normally be able to afford. The bad news about these interest only mortga
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    There are many types of mortgage options to choose from, but there are mortgage loans that you should be somewhat leery of obtaining. Here are the top 3 mortgage options that are riskier than other types of loans and you may want to stay away from them.

    Interest Only Mortgages
    Interest only mortgages only require that you pay the interest portion of your mortgage each month. Principal payments are not required. This mortgage option has given buyers, in the recent expensive housing market, the ability to buy a more expensive home than they would normally be able to afford. The bad news about these interest only mortgag

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    ning. Here are the top 3 mortgage options that are riskier than other types of loans and you may want to stay away from them.

    Interest Only Mortgages
    Interest only mortgages only require that you pay the interest portion of your mortgage each month. Principal payments are not required. This mortgage option has given buyers, in the recent expensive housing market, the ability to buy a more expensive home than they would normally be able to afford. The bad news about these interest only mortga

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    Interest Only Mortgages
    Interest only mortgages only require that you pay the interest portion of your mortgage each month. Principal payments are not required. This mortgage option has given buyers, in the recent expensive housing market, the ability to buy a more expensive home than they would normally be able to afford. The bad news about these interest only mortga

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    ach month. Principal payments are not required. This mortgage option has given buyers, in the recent expensive housing market, the ability to buy a more expensive home than they would normally be able to afford. The bad news about these interest only mortga
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    e ability to buy a more expensive home than they would normally be able to afford. The bad news about these interest only mortgages is that after the interest only period, the mortgage becomes a fully amortizing mortgage based on the remaining balance of the loan, which means that your monthly mortgage payments can change significantly.

    Multiple Choice Mortgages
    These types of mortgages allow borrowers to get a very low introductory interest rate. These mortgages also allow borrowers to choose from four different payment options. One of the options, which is the one that requires the smallest monthly payment, is so sm

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