The Pros and Cons of Interest-Only Loans

Interest-only loans are mortgages in which the borrower pays only interest on the loan for a predetermined period. They’re popular among investors looking to purchase or refinance properties with higher cap rates, as well as those who have value-add projects or substantial renovations planned and need to save money in the short term. When considering […]

What Factors Should You Consider When Choosing a Mortgage Option?

What Factors Should You Consider When Choosing a Mortgage Option? When selecting a mortgage option, there are numerous elements to take into account. It is essential to be informed about all these variables so you can make an informed decision. When looking for a mortgage, the first factor to consider is your affordability. This will […]