Terms of Mortgage Investments. Most Mortgage Investments will be for a period of one to ten years, but in no event more than fifteen (15) years. Most Mortgage Investments will provide for monthly payments of principal and/or interest, with many Mortgage Investments providing for payments of interest only or are only partially amortizing with a "balloon" payment of principal payable in full at the end of the term. Some Mortgage Investments will provide for the deferral and compounding of all or a portion of accrued interest for various periods of time.
Appears in 7 contracts
Samples: Subscription Agreement (Redwood Mortgage Investors Viii), Subscription Agreement (Redwood Mortgage Investors Viii), Subscription Agreement (Redwood Mortgage Investors Viii)
