Interest Only Loan

Generally speaking an interest-only Charlotte mortgage might be a good fit for:

Someone whose income is mostly in the form of infrequent commissions or bonuses, someone who expects to earn a lot more in a few years, someone who truly will invest the savings on the difference between an interest-only mortgage and an amortizing mortgage, and who is confident that the investments will make money, or a home buyer in a market that is rising in value at a rate to show a nice return on their investment in the short term.

With an interest-only mortgage loan, you pay only the interest on the mortgage in monthly payments for a fixed term. After the end of that term (usually 10 years) you either refinance, or start paying off the principal, in which case the payments will increase to cover the additional principal payment.

Charlotte Interest only loans should be discussed with the professionals at STSFC to see what is best for your family.

We Can Help

If you are living in Charlotte and looking for a home loan opportunity, looking for a better rate or your broker or lenders told you cannot buy at this time? Contact STSFC with no obligation at all, and let us give you good news over the phone.

Home buyers in all of North Carolina and South Carolina are getting good news from STSFC, as we are licensed to help anyone in the Carolinas. We can show you options over the phone for free. 20 seconds to find out.

We specialize in 100% mortgage opportunities and have resources to help many people buy who thought they could not. Every week we are telling someone new that they can buy when they thought they could not, let’s make you the next person to give your family the good news.

Contact Lee Sharpe in Huntersville, NC at 866-896-0603 during business hours for a friendly insight into your options.
Or simply click here and fill out the 20 second form that asks for no personal information. Lee will call you back ASAP to give you options you may not have known were available.