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Andy_W

  • Profile picture of Andy_W

    Andy_W replied to the topic Interest Only Loans in the forum The Treasure Chest 20 years, 8 months ago

    quote:
    A quick question for the mortgage brokers.

    IO Loans a usually for a period of 5 years. Is this correct? Or can you have an IO loan for an indefinate period of time?

    Cheers

    Simply re-financed to another I/O loan after the five years is up.

  • Profile picture of Andy_W

    Andy_W replied to the topic Interest Only Loans in the forum The Treasure Chest 20 years, 8 months ago

    quote:
    A quick question for the mortgage brokers.

    IO Loans a usually for a period of 5 years. Is this correct? Or can you have an IO loan for an indefinate period of time?

    Cheers

Andy_W

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