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Overseas Mortgages - Interest Only Deals - Cut your costs in Half overnight

November 29, 2009

Interest only deals on overseas mortgage are unheard of - but lenders are starting to make them available - more...




FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 29, 2009 -- As the US pulls its self out of recession we see mortgage product in the USA starting to improve with the recent relaxation on lending on Condo’s (although mortgages are still not available for Condo Hotels). This week we see the launch of a self cert product for Florida.

Full Status is available up to 70% of valuation over a term of 30 years with no maximum age limit. The mortgage can be repayment or interest only with rates from 4.67%

Florida Self Cert is available up to 70% of valuation over a term of 30 years with no maximum age limit. The mortgage can be repayment or interest only with rates from 6.75% fixed for 5 years.

If you have any enquires or would like to speak to an underwriter CLICK HERE to request us to contact you
As an alternative income stream to the UK mortgage market it is worth looking at overseas mortgages, you provide the clients contact details and one of our experienced underwriters will take the case through to completion for you.
In a number of countries there are products available for PURCHASE, RE-MORTGAGE AND CAPITAL RAISING. Overseas mortgages are an income stream worth looking at in the current difficult market.

AS IN THE UK MARKET THE PRODUCTS AVAILBLE ARE CHANGING ON A DAILY BASIS. NOT ALL FEATURES ARE AVAILABLE IN ALL PRODUCTS

More information can be found online at http://www.affordablemortgages.co.uk/overseas_mortgages/index.php


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