Published Sep 20, 2006 10:30 am : Updated Feb 3, 2015 11:32 am
The interest only loans are a relatively new creation of the lending industry. As the interest rates crept higher during the past two years and as housing prices jumped higher and higher lenders found the interest only loans to be a good alternative.
These loan programs qualify a buyer on just the ‘interest only’
This post was last modified on 02/03/2015 11:32 am