The Graduated Payment Loan: Implications for Mortgage Lenders

  • December 21, 1979
  • • Written by: James E. McNulty 

Winter 1979, Vol 4, No 2

Abstract: This recent innovation in the home mortgage field is examined from the viewpoint of the lending institution. Practical points and questions, such as which groups are attracted to the GPM and what plan is receiving the most attention, are addressed and answered, drawing upon an extensive body of recent research and experience.