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Purchase Mortgages
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home > commercial mortgages > purchase > loan types > interest only 
Interest only commercial purchase mortgagesGet an interest only mortgage loan to purchase some commercial real estate. With this type of commercial purchase loan, you will only make interest mortgage payments on it until your mortgage term ends. Interest only mortgage payments are payments that only pay back the "interest" you're charged on your commercial purchase loan, so you won't pay back any principal (the mortgage-amount you borrowed) at all during your mortgage term. And that can be invigorating! (not to mention cheap, cheap cheap!) Got questions about interest only commercial purchase loans?Use the commercial purchase contact form, or call 1-866-674-0548 to talk to one of The Mortgage Store Online's brokers now! Extra info tidbit - for this type of commercial purchase mortgage loan: Terms for interest only mortgage loans:If you use an institutional lender, the terms you can get for open mortgage loans include short terms (6 months to 5 years) only. Or, if you use a private lender, the terms you can get for open mortgage loans include short and long terms (6 years to 18 years). Read more information about the commercial interest only purchase mortgage loan. |
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