Interest Only Loans

 

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Interest only loans provide you with the option of paying only the interest due on your mortgage. This feature allows you to free up your cash flow.  The mortgage market has a number of programs available to consumers and below is a list of some of the most popular loan types:

 

·        10 Year Fixed "Interest-Only"

·        5 Year Fixed "Interest-Only"

·        3 Year Fixed "Interest-Only"

·        One Month Libor "Interest-Only"

·        Six Month Libor "Interest-Only"

·        Twelve Month (One Year) Libor "Interest-Only"

 

All programs have "Interest-Only" payment options and can be fixed for up to 10 years!  To learn more about the LIBOR and "Interest-Only" programs available to you.

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