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  • Profile photo of Andy_WAndy_W
    Participant
    @andy_w
    Join Date: 2003
    Post Count: 2

    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 photo of Andy_WAndy_W
    Participant
    @andy_w
    Join Date: 2003
    Post Count: 2

    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


Viewing 2 posts - 1 through 2 (of 2 total)