home | about us | site map | contact us

home mortgages commercial mortgages calculate mortgage payments view current mortgage rates how to use a mortgage learn about mortgages
apply online home mortgage refinance home purchase mortgages home equity loans home finance mortgages home loan types home mortgage rates home mortgage calculators mortgage articles home mortgage faqs
Home Equity Loans

home > home mortgages > home equity > loan types > interest only

Interest only home equity loans

Get an interest only mortgage loan to take equity (cash) out of your home. With this type of home equity loan, you will only make interest mortgage payments on me until your mortgage term ends.

Interest only mortgage payments are payments that only pay back the "interest" you're charged on your home equity 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 home equity loans?

Use the home equity contact form, or call 1-866-880-2577 to talk to one of The Mortgage Store Online's brokers now!

Benefits of Interest Only home equity mortgage loans:

Get an interest only home equity mortgage loan, and you'll also get some added bonuses:

  • You can get cash out of your home to consolidate debts, and make payments on your new equity home loan that can be ultra tiny compared to payments you're currently making on your credit card debts and other loan debts
  • You can also get equity/cash out of your home property and turn it into a line of credit to draw from as you please. And the payments you'll make to have that line of credit are mini compared to the huge payments you'd make to get a bank line of credit.

Get a home equity mortgage-loan: you can apply online!

apply online | home mortgage refinancing | home purchase mortgages | home equity loans | home finance mortgages

home loan types | home mortgage rates | mortgage calculators | mortgage articles | RSS feed icon home mortgage news

home mortgage loans | commercial mortgage loans | calculate mortgage payments | view current mortgage rates

how to use a mortgage | learn about mortgages | privacy policy | disclaimer | RSS feed icon mortgage news & tips

home | contact us | mortgage glossary | about us | site map

The Mortgage Store Online, Inc.
Canadian Head Office: 54 Vansittart Avenue Woodstock, Ontario, Canada N4S 6E4
Home Mortgages: Phone: 1-866-880-2577 Fax: 1-866-270-1984
Commercial Mortgages: Phone: 1-866-674-0548 Fax: 1-866-876-3956

Copyright ©2016 The Mortgage Store Online, Inc. All rights reserved.

 Equal Housing Lender