There are a few different loan products that have been unfairly blamed for the financial calamity that most of lived through in 2007-2008. Blaming a loan for something that scumbag lenders did is a lot like blaming a bank robbery on a crowbar rather than the actual criminals.
Interest only loans can be a great option for lots of borrowers. While it’s best for borrowers who are looking to sell and have lots of equity, or borrowers who are looking at the more expensive homes in their area, there are lots of scenarios where an interest only loan could make sense.
Team Hochberg offers a free credit consultation to everyone that we work with, because our job is to help you secure the best financing for you. If you’re the type of person who could cash in on huge savings with an interest only loan, we’ll tell you! If someone told you interest only loans were the right product for you and we determine that there is a better option, we’ll tell you! We want to help, but can’t help if you don’t call 855-563-2843 or visit our website today!