Stepped Interest Mortgage – No monthly payment for three months!

Stepped Interest Mortgage – No monthly payment for three months!. How to Pay Off Your Mortgage in 5 Years: The Ultimate Guide

Stepped Interest Mortgage – No monthly payment for three months! video duration 3 Minute(s) 40 Second(s), published by Mortgages for Business on 02 04 2019 - 15:49:11.

Stepped Interest Mortgage – No monthly payment for three months! With Gavin Richardson, Head of Sales and Luke Worrell, Buy to Let Mortgage Consultant

In this episode of Lykken on Lending we have Brenda Clem, Executive Vice President of Capital Markets at Pavaso as well as Jack Nunnery, President of Today we will be talking Mortgages
And the question that we want to answer is- Shall I take a 5, 10, 15 or 25 years Mortgage? Visit the website for more How to Pay Off Your Mortgage in 5 Years by Clayton & Natali Morris
Grab our Amazon #1 Best Selling Book here: https://amzn.to/2CcSxIB For most .

Stepped Interest Mortgage – No monthly payment for three months!

With Gavin Richardson, Head of Sales and Luke Worrell, Buy to Let Mortgage Consultant

0.00% interest for three months
Kicking off April and the start of Spring, we have an interest free product for you that requires no monthly payments for the first three months!

Find out more in our blog post: http://bit.ly/2FSJUnT

With no interest payments due for the first three months, this stepped interest mortgage product is perfect for landlords who are worried about finding a tenant immediately.

Call us today on 0345 345 6788 for more information.

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THE SMALL PRINT

Fixed at 0.00% for 3 months then changing to 2.82% fixed for 5 years reverting to lender’s variable rate (currently 5.99%).Overall Cost for Comparison: 5.1% APRC. Maximum Loan to Value: 60%.Maximum Loan: £500,000.Typical Rent to Interest: 140% at 5.50%.Available to Individual applicants only.Repayment Options: Interest only. Early Repayment Charges: 5% of the amount being repaid until the end of year 1 and year 2, then 4% until the end of year 3, then 2% until the end of year 5 from draw down.
Income Requirement: No requirement. Lender Arrangement Fee: Free. Standard valuation fee: Free. Legal fees: Apply.

Fixed at 0.00% for 3 months then changing to 3.03% fixed for 5 years reverting to lender’s variable rate (currently 5.99%).Overall Cost for Comparison: 5.1% APRC. Maximum Loan to Value: 70%. Maximum Loan: £500,000. Typical Rent to Interest: 140% at 5.50%. Available to Individual applicants only. Repayment Options: Interest only. Early Repayment Charges: 5% of the amount being repaid until the end of year 1, and year 2 then 4% until the end of year 3, then 2% until the end of year 5 from draw down. Income Requirement: No requirement. Lender Arrangement Fee: Free. Standard valuation fee: Free. Legal fees: Apply.