What is a Libor Mortgage Loan?
A Libor Mortgage Loan is also commonly referred to as an “Interest Only” Loan or “Interest Only” Mortgage Most libor loans have “Interest Only” payment features to them and are tied to the current rate of the popular Libor Index. In order to understand all your libor mortgage options (including those with “interest only” payments) you should consult a Libor Mortgage professional. Interest Only Loan Payments Control your cash flow with interest only loans. Available in both adjustable and fixed rate forms these loans allow you to have greater purchasing power, reduced monthly obligations and many more features not available with the traditional 30 year fixed principal and interest loan. Interest Only Loans can be tied to one many indexes including the popular Libor Index. Most loans do not include negative amortization* and can be fixed for terms as long as 30 years. Today’s interest rates are at the lowest levels in years. Before rates go higher you may want to consider the benefits of
