Private mortgage without monthly payments.
September 6, 2023 | Posted by: Alex Vinarski
Borrow up to 40% of the home value without income verification, and no monthly payments.
This mortgage is similar to Reverse mortgage, but does not have age restriction.
Current rate 8.65% for 5 years term. Mortgage is fully open, so it can be paid off at any time without penalty.
Owner occupied properties only, and only first mortgage.
