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When I started my business 18 years ago, I refi'd and got the multiple option mortgage. It made house payments easier when cash was tightest.
1. minimum payment - so little it didn't cover interest - neg amortization
2. interest only - cover only interest
3. amortized 30 year payment
4. amortized 15 year payment
A couple years later when my business became established and fixed rates dropped further, I refi'd to a normal 30 year mortgage.
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