Keller Williams Realty
Now you can get a 30-yr, fixed-rate loan that is interest-only for 10 yrs (after 10 years, the payment rises when it becomes an 20-yr amortizing loan, but the interest rate stays forever fixed). 30-yr fixed I.O. _____% $_____/1,000/mo. OPTION ARM. An OPTION ARM gives you payment flexibility with a negative-amortizing, very low minimum payment OR several higher amortizing options to choose from ... ................
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