Providing home loan mortgage financing in Lake, Geauga, Mahoning, Columbiana, Erie, Sandusky, Seneca, Wyandot, Putnam, Hancock, Ottowa, Fulton, Williams, Henry, Defiance, and many more Ohio counties.
Providing financing in Lucas, Cuyahoga, Lorain, Medina, Wood, Summit, Montgomery, Licking, Deleware, Warren, Hamilton, Butler, Franklin, Fairfield, Stark, Wayne, Knox and many other Ohio counties.
Providing home mortgages in Findlay, North Ridgeville, Highland Hills, Beachwood, Moreland Hills, Ashtabula, Rock Creek, Delaware, Franklin, Brunswick, Geauga, Grafton, Lorain, Green, Bath, Sandusky, Port Clinton, Huron and many other Ohio communities.
Providing mortgage financing in Cleveland, Cincinnati, Toledo, Bowling Green, Columbus, Akron, Canton, Avon, Strongsville, Avon Lake, Solon, Dayton, Medina, Wooster, Youngstown, Alliance, Mentor, Elyria and many other Ohio cities.

Refinance Interest Only 

Refinancing to or from an interest only loan can be very beneficial to many consumers for a variety of different reasons. Interest only loans can be very helpful in increasing a homeowners cash flow and thus can be helpful when refinancing to an interest only loan. However, interest only loans if used incorrectly or during bad real estate market times can create problems and refinancing out of an interest only loan can be very helpful to many homeowners. Thus, talk with a mortgage broker today to find out if refinancing to or out of an interest only loan will help you or not.

Refinance your interest only loans. On interest only loans, the minimum payment required covers interest only-you decide how much ... Learn more about Refinancing your interest only loans and save money today.

Traditional interest only loans are a great tool for home owners who need a lower payment or are trying to save money to pay down other bills. Once your financial situation improves you can start to make extra payments towards principal to reduce the interest only mortgage loan amount.

Interest-only loans can work like traditional fixed-rate or adjustable-rate mortgages.

By refinancing into an interest only loan you can not only maximize your current cash flow situation but you can allocate your money better to go towards higher interest rate bills while making interest only payments on your mortgage. Once you have paid off your higher interest rate bills and lowered your monthly outgoing expenses even further you can always begin "attacking" the balance on your mortgage, even while on an interest only mortgage. This could help you to get into a better overall financial situation when used properly.

After the initial interest-only period, the fully amortized payments will begin. The fully amortized payments will be much more than the interest-only payment. Most homeowners almost always have to refinance to avoid such sudden payment increase.

Refinance Interest Only loans help borrowers lower their monthly mortgage costs. This will free up money to pay down other high interest rate debt or to use in an ivestment that is yielding a higher rate of interest than their mortgage.

30 Year Fixed Interest-Only mortgages are an excellent option for those who receive annual bonuses. You have an affordable fixed rate and can make a one time payment to your principal each year.


If you have any questions regarding our products, you can contact us by calling or e-mailing us and we'll get back to you as soon as possible. Thanks!



City, State, Zip Code:



Please confirm your e-Mail:

How did you find our website?


Map and Directions

Information listed above is to be used for educational purposes only and is not guaranteed

Home | Sitemap | Contact Us | Links | Services | News | About Us | Ohio | Florida | Refinance | Purchases | Fixed-Rates |Blog



Mortgage Broker | Mortgage Default | What is a combo loan | Refinancing | What Length Mortgage Loan Should I Get | Consolidate My Debt | What Mortgage Program is right for me