Interest Only Mortgage Loans | |
Interest-only mortgage loans allow borrowers to pay only the interest on the loan for a set period, typically 5 to 10 years, without reducing the principal balance. This structure can result in lower initial monthly payments. After the interest-only period ends, payments will increase as the borrower starts paying down both principal and interest. These types of loans can be attractive for those expecting higher income in the future or planning to sell or refinance before the principal payments increase. StarrMortgage offers such loan products for those looking to manage cash flow or handle specific financial strategies. | |
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Target State: All States Target City : USA Last Update : Jan 16, 2025 2:08 AM Number of Views: 15 | Item Owner : starrmortgage Contact Email: Contact Phone: (None) |
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