tag:blogger.com,1999:blog-19693556.post6366171614173811439..comments2023-09-06T11:38:46.697-04:00Comments on Moving to Florida and what you really need to know.: Flexible Payment Mortgage loansAnonymoushttp://www.blogger.com/profile/06118535781608512982noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-19693556.post-52574774112041221412012-08-31T04:24:57.093-04:002012-08-31T04:24:57.093-04:00Option ARM loans are one of the best ways in order...Option ARM loans are one of the best ways in order to get flexible payment mortgage loans. You’re absolutely right in saying that such loans are adjustable rate mortgages which have flexible payment options which includes the likes of interest-only payment, full amortizing 30-year payment, full amortizing 15 year payment as well as the minimum payment plans. Moreover, in case of <a href="http://www.mortgagefit.com/discuss/option-arm.html" rel="nofollow">option ARM loans</a>, you can choose any of the payment options depending upon the amount of money you will be able to pay off in that instalment. However, it should be noted here that the initial interest rate on these loans are valid for only the first month. The mortgage interest rate keeps on changing on a monthly basis after the first month.Sarahttps://www.blogger.com/profile/11069185279341452033noreply@blogger.com