Interest-Only Loan
An interest-only loan is a type of loan in which the borrower is required to pay only the interest on the principal balance for a specified initial period, keeping monthly payments low.
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What is an Interest-Only Loan?
After the interest-only period ends, the borrower must either pay off the principal in a lump sum or begin making amortized payments that include both principal and interest.
Common Features of Private Lending Software
Workflow Automation
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Ecosystem Integrations
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Why Interest-Only Loans Matter
They provide short-term cash flow benefits for real estate investors who plan to sell or refinance the property before the principal payments begin.
Non-Recourse Loan
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Credit Score
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Term Sheet
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Interest Rate
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Deed of Trust
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Maturity Date
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