| 摘要 |
<p>A system and method for implementing a mortgage plan. Data is input to a computer system regarding the morgage terms, and the computer system is used to prepare a mortgage document which creates an equity participation mortgage obligation in which the lender shares in a predetermined percentage of realized appreciation on the subsequent sale of the asset which is the subject of the morgage. In a particular preferred embodiment, this mortgage plan can provide the borrower with interest-free loan, a faster amortization schedule, and a larger, yet more affordable mortgage.</p> |
