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step loan

    0.01 sec.
step loan

A type of adjustable-rate mortgage under which the interest increases in one or sometimes two steps only,combining some of the best features of a fixed-rate loan and an adjustable-rate loan.



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Lloyds says its Easy Step loan is "designed to ease the financial pressure of buying a home".
One valuable step loan officers should always take is to uncover their borrowers' core values as they take their application.
They've added more Spanish-speaking employees and loans tailored to the Hispanic community's needs, such as step loans that start out small but grow as the business grows.
 
 
 
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