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 http://www.TGarvey.com
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 : Mortgage Interest Deductions by Tom Wheelwright. | Source : Key Home Mortgage