home > commercial mortgages > rates > articles > types of loans > interest only

Commercial interest only mortgage loan

The commercial interest only mortgage is the loan type that you only pay interest on until the end of your commercial mortgage loan term.

Get this mortgage and you won't have to pay back any principal (the amount you borrowed) during your commercial mortgage loan term.

With an interest only mortgage, you'll only have to pay back interest during your mortgage loan term making it truly affordable for you to start being an owner of commercial real estate. Only paying interest can make it affordable for you to start renting, leasing-out or developing commercial real estate for resale. Then you'll be making money.

Interested in equity take out?

Only making interest payments can make it affordable for you to get cash out of your commercial real estate.

Idolizing a line of credit?

Using this mortgage type to get one with interest only payments can be more affordable than a bank line of credit.

Get debt consolidation with an interest only mortgage.

Your interest only mortgage loan payments can be more affordable than credit card or loan payments.

Get this mortgage loan today!

Fill out the commercial mortgage application.

Get more information about commercial interest only mortgage loans

More information about commercial interest only mortgage loans

Down payments for interest only mortgage loans:

You can make down payments from 25%-75% of your real estate's value on this mortgage loan type - if you use an institutional lender. And you can make down payments from 0%-75% of your real estate's value on this mortgage loan type - if you use an private lender.

Terms for interest only mortgage loans:

If you use an institutional lender, the terms you can get for this mortgage type include short terms (6 months to 5 years) only. Or, if you use a private lender, the terms you can get for this mortgage include short and long terms (6 years to 18 years).

Amortization for interest only mortgage loans:

There's no amortization for interest only mortgage loans at all.

Rates for interest only mortgage loans:

For an interest only mortgage loan, you can get fixed, adjustable and convertible rates if you use an institutional or private lender.

Want explanations of the mortgage loan terms used here? Go to the mortgage glossary.

Get more info about interest only mortgage loans. Contact The Mortgage Store Online's brokers by using the contact form or by calling them at 1-866-674-0548.

<< return to types of mortgage loans articles