Interest Only Loans - Apartments & Commercial Properties
Interest Only Mortgages - Apartment Building Loans
Interest only commercial mortgages are available for 2 years and 3 years. The interest only rates on commercial mortgages adjust each year of the interest only period based upon the 12 MAT index and a set margin. These commercial loans balloon in 10-years, are 30 year amortized loans and become monthly adustable loans after the fixed interest only periods.