Are any loans on homes ever stair stepped up? - Posted by Roger (WA)

Posted by Woody (MI) on February 16, 2002 at 05:04:51:

Have you tried an Adjustable Rate Mortgage? What you want is basically what they do. Just a thought

Woody

Are any loans on homes ever stair stepped up? - Posted by Roger (WA)

Posted by Roger (WA) on February 12, 2002 at 18:11:29:

Does anyone know of any loans that might have a stair step approach to paying them off? We would like to purchase a bigger house with the land we need in our same school district. The price is above what we can afford right now. I’ve never heard of any except for the interest only loans on seconds, but there are a lot of things I’ve never heard of. Maybe one of you has.
Thanks,
Roger