do you guys offer interest only loans in texas?

Unfortunately, I do not hold a Texas license, so I cannot speak for Texas loans, but there are a few investors indicating they allow for interest only loans. I have not had a request for one in several years, and it is likely the rate charged on an interest only loan is going to be higher than a traditional conforming loan.Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Certified by The National Association of Mortgage Professionals as a Certified Veterans Lending Specialist.Licensed in AZ, CA, GA, IL, OR & WA... In fact, NEXA is licensed in all states except MA and NY so give us a call. ~ www.ApplyYes.com 480-889-9000.

Interest only loans are hard to find, and not the same as they were in the early 2000's. If you can find one, they generally have a higher rate than a fully amortizing loan, taking away most of the lower payment benefit. I lend in MN WI IA SD ND. Find me at JoeMetzler.com - Cambria Mortgage, NMLS 274132