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30 Year Interest Only Loan from American Financial Resources
If
you are looking to keep costs low in the short term, but expect a substantial
increase in income down the road, a 30/10 interest only mortgage might
be an excellent financial tool for you. With this mortgage product you
pay just the interest portion of your payment for the first ten years.
Then, for the remaining twenty years you pay both principal and interest,
paying off your loan at the end of the thirty year term. A 30 year interest
only loan gives you payment flexibility with the security of a fixed
rate.
Other Interest Only Loan Options
If a 30/10 interest only mortgage doesn't seem right for you consider other interest only loan programs from American Financial Resources:
To learn more or to apply for one of these loan programs get started online, request a quote, or call 800-316-9508 to speak directly with a loan consultant.
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