Our program offers interest-only options ranging from 2 to 10 years for all property types. This means that the property owner has the option to choose the I/O period that best suits them. With no “balloon payment” required, property owners can have peace of mind knowing that there won’t be a large lump sum payment due at the end of the I/O period.
One of the key benefits of our interest-only option is that borrowers won’t experience stress if the property is not refinanced or sold within the I/O period. The rate is fixed and fully amortized after the I/O period, ensuring that borrowers have a clear understanding of their payment schedule.
During the I/O period, borrowers can enjoy lower monthly payments, providing them with additional cash flow to invest in other areas of their business or personal finances. This can be especially beneficial for property owners looking to maximize their returns during the initial years of ownership.
Overall, our Interest-Only Option on the 30-year Fixed Commercial Property Loan Program offers flexibility, peace of mind, and lower monthly payments to borrowers.
