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Investments & Financial Planning

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  4. In relation to the mortgage process , what is the Graduated Repayment option ?

In relation to the mortgage process , what is the Graduated Repayment option ?

A Graduated Repayment option is a repayment option that allows for interest only payments for the first couple of years, usually two or up to four years. It can lower initial monthly payments by as much as 35 to 45 percent.

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