Avatar's Blog
» Balloon Mortgages
Posted on 3/13/2005
Posted in Miscellaneous
Avatar Financial Group offers interest only payments on commercial bridge loans with terms of 1 - 3 yrs. Points are wrapped into the loan and are payable at the completion of the loan along with the loan principal.
Balloon mortgages with interest only payments offer borrowers the lowest possible monthly payments. This enables the borrower to prepare as quickly as possible for conventional refinancing.
For further information about a balloon mortgage for a purchase or refinance of commercial real estate property, please contact the company at 888-886-0097.
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