Bradley and Holly Sheppard Owners
Bradley and Holly Sheppard
Owners
254.939.3585

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H.B. Sheppard Cen-Tex Properties
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Real Estate Glossary

  Amortization Term

The amount of time required to amortize the mortgage loan. The amortization term is expressed as a number of months. For example, for a 30-year fixed-rate mortgage, the amortization term is 360 months.

 

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