Go through the articles and information here to ensure that you have complete confidence during your home loan process. Be familiar with the concepts and terms.
#1 Bad Credit Home Loans will give you a Mortgage Purchase and Refinance Loan even if you have a bad or poor Credit History. Our loans starting at 4% interest.
The interest only period lasts for a specified period of time found in your loan contract, often five years. At the end of the interest only period, your lender will convert your loan to a standard Adjustable Rate Mortgage amortized for the time remaining