Variable Rate Mortgage – Negative Amortization – (ALTA 6.2-06, CLTA 111.8-06)
For Loan policy only. Insures against loss of priority of the insured mortgage or invalidity of the mortgage due to changes in the interest rate or interest on interest which results in the addition of interest to the unpaid balance.
ALTA_Endorsement_6.2-06_Variable_Rate_Mortgage_-_Negative_Amortization_10-16-08[1] ALTA 6.2-06
CLTA 111.8-06