• How a temporary buydown works and where it falls short • How a 10 year interest only payment is structured • What "natural recast" means and why there's no fee or request involved • The trade offs: higher payment after year 10, no principal paydown during the interest only period • Who this kind of loan might fit Want to see how this looks with your numbers? Comment IO, or get rate updates here: truebluelending.net/rates#subscribe Subscribe for weekly mortgage education for homebuyers, self-employed borrowers, and real estate pros. Jesse Gonzalez | NMLS #278103 True Blue Lending Corporation | NMLS #2380218 Licensed in California and Florida. Interest only payments increase when the interest only period ends. Not a commitment to lend. Terms vary by program and borrower. Equal Housing Opportunity.
