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Refinance Mortgages
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home > commercial mortgages > refinance > loan types > interest only ![]() Interest only refinance mortgage loansAn interest only mortgage loan is the type of refinance loan you will only have to pay interest payments on during your mortgage term. You can use an interest only loan to refinance your commercial property. Then, you'll only have to pay the interest you're charged on your loan during your term, and you won't have to pay back any principal (the amount of mortgage-money you borrowed). You can also use an interest only loan to get cash out of your commercial property: so you can consolidate debts or have a line of credit. And you won't have to pay back any principal for doing that: just interest for the length of your mortgage term. Learn more about interest only refinance mortgage loans. Use the refinance contact form, or call 1-866-674-0548 to contact one of The Mortgage Store Online's brokers now! Extra info tidbit - for this commercial type of refinance loan: Rates for interest only mortgage loans:For an interest only refinance mortgage, you can get fixed, adjustable and convertible rates if you use an institutional or private lender. Read more information about commercial interest only refinance mortgage loans. |
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