神马作文网exotic mortgage是什么意思
来源：学生作业帮 编辑：神马作文网作业帮 分类：英语作业 时间：2024/09/23 16:20:00
exotic mortgage是什么意思
Exotic mortgage is a term used to describe any nontraditional mortgages.These mortgages allow homeowners to be able to afford high-priced homes.Buyers are sometimes allowed to defer principal or interest payments to a later date.These mortgages are historically risky for both the borrower and the lender.