Look to a 5yr ARM or Interest Only Loan for Your Starter Home

You've found your Long Island dream home...Now it's time to finance it!

If you are currently looking to purchase a "starter" or "beginner" home with the idea of moving up in a couple of years, your ideal loan would be a 5yr ARM or an interest only loan.

These 2 options will keep your rate and payment lower than a fixed mortgage, thus saving you more money monthly for your future home.  In the first 3-5 years the amount of overall principal that you have paid off will be far less then the monthly savings of a 5yr ARM or that of an interest only loan.

Call today 631-277-2500

-the Mortgage Guru


You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

AddThis Social Bookmark Button

Comments are closed.