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Argent Mortgage Company Offers Fully Amortized 40/30 Product with No Balloon Payment; Modern Approach for a Traditional 30-year Term Program Provides Lower Payments and Principle Reduction Throughout Entire Term.


IRVINE, Calif. -- Argent ar·gent  
n.
1. Heraldry The metal silver, represented by the color white.

2. Archaic Silver or something resembling it.
 Mortgage Company, a leading national wholesale mortgage lender, now offers a fully amortized 40/30 loan program that performs like a 40-year loan for the first ten years of the loan term. With the Argent fully amortized 40/30 loan product, the borrower can enjoy a lower payment extended for a longer period of time, avoid a balloon payment The final installment of a loan to be paid in an amount that is disproportionately larger than the regular installment.

When a loan is made, repayment of the principal, which is the amount of the loan, plus the interest that is owed on it, is divided into installments due at
 and reduce principle throughout the entire loan term, which may help them build equity.

"Argent's goal is to provide mortgage professionals the tools and products they need to help consumers achieve affordable and sustainable homeownership," said Sam (1) (Security Accounts Manager) The part of Windows NT that manages the database of usernames, passwords and permissions. A SAM resides in each server as well as in each domain controller. See PDC and trust relationship.  Marzouk, president of Argent Mortgage Company. "As one of the first loans of this kind from a major lender, our fully amortized 40/30 product gives mortgage professionals who work with Argent an attractive solution for many borrowers who want to reduce their payments without sacrificing their equity-building potential."

About Argent

Headquartered in Irvine, Calif., Argent Mortgage Company is a leading national mortgage lender. The company works exclusively with independent mortgage brokers and bankers across the country through loan processing centers in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , Illinois and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
. For more information about Argent Mortgage Company, visit the company's Web site at www.argentmortgage.com.
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Publication:Business Wire
Date:Nov 21, 2005
Words:202
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