Is the term used to describe the timeframe by which your monthly mortgage payments are calculated to payoff your debt. For example, a loan that is amortized for 30 years will structure the monthly payments to payoff the debt after a period of 360 monthly payments (30 years worth).

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  • 713-334-1100
  • 9700 Richmond Avenue, Suite 320
  • Houston, TX 77042
  • NMLS #2297
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