He or she is theoretically supplied by particular lenders, but they truly are fairly uncommon. This type of financing is riskier to have loan providers, and since they are said to be low-compliant fund, interest-merely mortgage loans dont see Federal national mortgage association and you will Freddie Mac recommendations.
Today, these types of fund are normally a thing that can be acquired to individuals just who try private customers otherwise possess an awesome connection with their bank, says Helali. İncele