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  2. What Is An Interest-Only Mortgage? - AOL

    www.aol.com/interest-only-mortgage-190002695.html

    Interest-Only Mortgages: Pros and Cons An interest-only mortgage can sound appealing to a potential homebuyer because it is a mortgage loan that requires that you pay only interest — no ...

  3. What is an interest-only mortgage and how does it work? - AOL

    www.aol.com/finance/interest-only-mortgage-does...

    Here are some pros and cons: Pros of interest-only mortgages. You get more house for your money. You can enjoy a larger home for less money while you save up for a larger mortgage.

  4. 5 types of mortgage loans for homebuyers - AOL

    www.aol.com/finance/5-types-mortgage-loans...

    Learn more: All about interest-only mortgages. Piggyback loans. A piggyback loan, also referred to as an 80/10/10 loan, involves two loans: one for 80 percent of the home price and another for 10 ...

  5. Pros and cons of an adjustable-rate mortgage (ARM) - AOL

    www.aol.com/finance/pros-cons-adjustable-rate...

    Adjustable-rate mortgage pros and cons. ... Keep in mind: Your monthly payments are guaranteed to go up if you opt for an interest-only ARM. With this type of loan, you'll pay only interest for a ...

  6. Blanket mortgage: How it works and who should use it - AOL

    www.aol.com/finance/blanket-mortgage-works...

    Cons of a blanket mortgage. More expensive closing costs: While you only have to pay closing costs once, a blanket mortgage’s closing costs are often higher than a single mortgage’s closing costs.

  7. Adjustable-rate mortgages: What they are and how they work - AOL

    www.aol.com/finance/adjustable-rate-mortgages...

    Along with these common loan terms, there are three main types of ARMs: hybrid, interest-only and payment-option. Hybrid ARM A hybrid ARM is the traditional adjustable-rate mortgage.

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