You've probably heard a lot about interest-only payment plans lately, and with good reason -- they're hot right now.
You should know that they aren't a new concept, and that there are a number of ways they can work for you. However, that's not to say they they're for everyone, or that they don't have any risks associated with them.
Before you're ready to jump in, you might want to read through our tutorial "The Principal Facts of Interest-Only Mortgages," where you can learn about the pros and cons of this payment method. When you've finished, you'll have solid working knowledge of the products and will have a better idea if these are the right choice for you.
Because you have an interest in them, you might also wonder "How can I find lenders who offer these programs"? To help you, we've put together a simple showcase of lenders you might contact for more details.
In which state are you purchasing or refinancing?
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Lender Showcase™ and LiveEdit™ are trademarks of HSH® Associates. This document and all contents Copyright © Friday, 15-Jan-2010 05:30:11 PST HSH® Associates. All rights reserved.
