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Managed Foreign Currency Mortgage
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A Managed Foreign Currency Mortgage is a multi currency Foreign Currency Mortgage where the borrower gives a professional manager the discretion to manage his mortgage and to switch the currency being borrowed in at any time. This type of loan is not designed for widows or orphans!
See also foreign currency mortgage, multi currency mortgage, single foreign currency mortgage and mortgages
Last Updated: November 2007 © Moneyextra.com
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