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.
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