Web Search:
 
›
Only Interest Mortgages
›
Loan Refinance Finance
›
Refinancing Loan
›
VA Home Loan
›
Interest Calcs
›
VA Home Loans
›
HELOC
Interest Only Mortgages

Interest only mortgages can be a practical consideration in housing areas where the appreciation of the homes is greater than what your monthly mortgage payments would pay down on the balance of a conventional loan. For example, if you only lower your mortgage balance by 4% with a conventional loan, but you decide to do an interest only loan and your home appreciates by 4%, you can still make money at the time your home sells.

Apply Here – Check out our short form – free quote request

An interest only mortgage may sound like a strange arrangement, but there are several circumstances that make it appropriate. For instance, if you are only planning on staying in your home for a short period of time, it may make sense to get by with less monthly payments instead of using the extra money to pay down the balance on the loan.

Interest only mortgages are not for everyone. Only speaking with a qualified mortgage professional can reveal the best possible fit for your loan needs. On our site we offer a free short no obligation application to get competing quotes and loan information from mortgage broker professionals.

With the lower monthly payments an interest only mortgage affords you it might be possible to pay down high interest debts or furnish your new home. And you may still earn money of your home if property values are appreciating. This appreciation can help to offset the equity you would ordinarily gain from a conventional loan.

 


4 Loan Offers – One Application
  • Expert lenders compete for your busines with low rates and great loan terms
  • Poor to Excellent credit borrowers welcome – low rate mortgage loans
  • No mandatory credit check – let only the lender you choose check your credit
  • Free evaluation of your borrowing options in a no obligation setting
  Need Cash? Considering a Home Equity Loan? Why not get cash out from your equity and refinance in one process. Select ‘Refinance’ on the application and specify your ‘Cash-Out’.
  Personal
  First Name:
  Last Name:
  Address:
  City:
  State:
  Zip:
  Day Phone:
  Night Phone:
  Email Address:
  Contact Time:
All information collected is treated as strictly confidential and will only be used for the purposes of a real estate mortgage loan quote request.

Privacy • Terms of Service • Terms of Use

Mortgage Loans : Home Loans
Home Loans
: Home Equity Loans
Refinancing Mobile Home / Manufactured Home Refinancing

  Loan Information
  (Application fields change with Loan Type selection)
   Want cash and a lower interest rate or monthly payment?
   Refinance again or for the first time and get cash back!
   Loan Type:
Desired Loan Amount:  
Desired Time till Move:
Cash Downpayment:
   
   Loan Type:
   Property Type:
   Credit:
   Employer:
   Years at Job:
   Annual Income:       
   Comments:
  Announcements? Yes No thanks
  First Time Buyer? Yes No thanks
  Free Realtor Quotes:
Yes
Yes – Free, No Obligation Debt Consolidation Quote

That’s It! >>    
  Home Lending Resources
Interest only mortgages are a unique kind of home loan in which equity is not built in the home. Under certain circumstances this sacrifice might not be too great relative to the benefits of paying less on your monthly payments… Selecting a loan from the types of mortgages that exists is easy with the help of a qualified mortgage professional. For example, if you do not have the funds to come up with a down payment a popular option is a low money down FHA loan.. Unsecured loans can often be the fasted way to get a loan because you do not have to go through the work of proving yoru collaterals. You may give up a lower interest rate in the process but sometimes if you have no collateral it may be the only option available…
Expo Financial’s free loan payment calculator tools will help you to estimate your monthly payment on your new loan before you even apply. We then provide you with as many as four free mortgage rate quotes for your loan amount and credit history… Loan calculators are free tools that will let you determine your monthly payment on a new loan. You can also print an amortization table to see your payments over the entire life of the loan broken down into interest and principal…

Mortgages are based upon borrowing money at an interest rate determined by your percieved ability to repay and repay ontime. Your credit history will determine not only your interest rate but how easy it is for you to get a loan period…

  Sponsored Resources
4 lenders compete for your mortgage loan.
Mortgage Loans and financing. Mortgage Quotes.
Home Loan Quotes
trade up your gift cards
gift certificate exchange site
Compare Rates. Get Quotes. Save on your mortgage.

© 2004 Expo Group Inc. All rights reserved.