Can I Get An Interest Only Mortgage
ContentsStrong cash flowLender. amerisave offers fixedHot housing market dottedWinning bid. optionsCan a first time buyer get an interest only mortgage? Yes, through a niche lender this could be possible. At the time of writing, a first time buyer interest only mortgage is quite hard to obtain, with only one or two lenders prepared to offer them: and even then, the lending criteria is quite tough to meet.An interest-only mortgage can be hard to find these days. It is a niche product, best suited for borrowers with strong cash flow and good credit and often for home buyers looking for a short-term.30 Year Interest Only Mortgage 30 year interest only mortgages are fixed rate products where only the interest portion of the monthly payment is due for a set period of…