We’ve started seeing our first group of Homeowner's loans roll onto principal and interest after their initial 12-month term on interest only. For those of you not familiar with the investment proposition for the Homeowner's loan, here are the basics:
So, if you’re looking for a way to invest your funds into a longer term investment at a great rate, simply cancel the automatic sell orders on your interest only investments when those emails come through.
*Rates quoted were current at the time of writing, all rates subject to change and should be reviewed at the time of initial investment.
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