quote: A quick question for the mortgage brokers.IO Loans a usually for a period of 5 years. Is this correct? Or can you have an IO loan for an indefinate period of time?Cheers
quote:
IO Loans a usually for a period of 5 years. Is this correct? Or can you have an IO loan for an indefinate period of time?
Cheers
Simply re-financed to another I/O loan after the five years is up.
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