About Writer Tim Garvey is a Certified Mortgage Banker by the Mortgage Banker’s Association of America. Tim believes in providing mortgage information with no strings attached and can be reached via his website
Is An Interest Only Mortgage The Right Choice For You If you’re looking to purchase a home anytime in the near future, I’m sure you’ve at least heard of a mortgage program that is gaining popularity known as an Interest- Only Mortgage. Unlike more traditional mortgage programs that require you to repay a portion of your principal with each payment, these programs only require interest payments. The payments are, therefore, much less. Does having a...... Similar Editorial : by Tom Wheelwright. | Source : Key Home Mortgage