Interest Only Jumbo Mortgage

With a 10-year interest-only mortgage, consider another benefit: the period of time that you have a rate lock expires only at the end of the initial ten years. It would almost be like your mortgage approval is held over until the mortgage converts to a standard 30 year fixed mortgage

Interest-only mortgages have incredibly enticing perks. You can keep your monthly payment low by paying just the interest portion and keeping your principal amount unchanged

If you are self-employed, have a commission-based pay structure, leverage your liquid assets for gains, or have rising income, consider a 10-year interest-only mortgage from MBANC