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Interest-Only Mortgages are back!!

Interest only mortgages are suitable for homeowners and investors who wish to utilize an interest only payment while qualifying on a 30 year amortization for up to 80% of the value of the home (LTV).  NO high Ratio deals permitted.

Fixed and ARM rates are available.

Great for:
–  Investors who own multiple rentals and wish to keep expenses low

– Clients who hold high-interest debts and will use the extra cash savings to pay down these debts

– Clients who seek greater control of their cash-flow and aim for optimal management of their liquidity.

Contact Team Rick Sekhon today to find out if an interest-only mortgage makes sense for you.

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