| home : Discounted Rate Mortgage |
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Discounted Rate Mortgage |
A discount may be offered to the borrower on the variable rate often for the first 1 or 2 years. This type of mortgage loan is often used to attract new borrowers. Very large mortgages may sometimes be offered at a discount for the whole mortgage term.
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| Important Information |
| This site is intended for general information only and you should not make any decisions based on the content. You should always take appropriate financial advice from a qualified Mortgage Advisor before making any decision regarding your mortgage. |