Ideal form of mortgage to have a residential property
Saturday, January 4th, 2025If you’re looking to acquire property, you might have to envision another kind of mortgage than just a holder occupier loan. Listed here is a useful help guide to the various selection you really have due to the fact a home buyer.
If you are searching to buy assets, you may have to thought a different type of mortgage than just a proprietor occupier financing.
Interest-just money mortgage
Interest-just (IO) financing try home loans that delay brand new fees of one’s borrowed matter (the fresh new principal’) having a fixed term, usually between about three and you can five years. (more…)