Yourquickmortgage

Does the IRS consider interest on a home equity line of credit deductible as a second mortgage?
The home equity line of credit of an individual is considered to be deductible as a second mortgage for many people, but there are a number of considerations that need to be adhered to before the individual can actually [...]

Danger of Deferred Interest Mortgages: Understanding the Risks of Negative Amortization Home Loans
Negative amortization or “neg am” occurs when the minimum payment on a mortgage covers less than the monthly interest charged, causing the balance of the loan to increase instead of decrease. Interest only loans generally dont increase the balance due on a home [...]