what are interest only mortgages

Thumbnail image for United Wholesale Mortgage now offers interest-only financing.

United Wholesale Mortgage now offers interest-only financing.

by Mario Acosta July 23, 2015 Buyers

United Wholesale Mortgage just rolled out a new product. Designed to help borrowers save money with lower mortgage payments

the company will now offer an interest-only financing program for borrowers who want to save on additional, monthly discretionary income.

The program requires a 20% down payment on the cost of a loan, and borrowers must have a …

Read the full article →