Thread: bond loan
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Old 05-02-2011, 05:22 PM
whartonjelly whartonjelly is offline
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Default bond loan

When you get qualified for a home loan ,do you then subtract the bond amount to be sure you can make payments?
Example. the house costs 200. the bond 20, down payment 40.

What would I be looking at. Does the bond have to be paid off immediatley or does it keep accumultating interest so that it is never reallly paid off?