10 Year Interest Only Loans

With interest rates heading up the 10 Year Interest Only loan may help you get into your dream home with affordable payments. The interest rate is fixed for 10 years and the payments are caculated on the outstanding balance. The payment is lower on an interest only loan than it is on a 30 year fixed rate. There is NO Negative amortization or deferred interest on the 10 Year Interest Only loan. Call Lynne Dewar at (800) 552-1188 for more information.