Ed Black
REALTOR

240-668-5301

About TeamBlackBerry
About TBB
Contact Ed
Testimonials
Guest Book
Closed Sales
Service Guarantee
For Our Buyers
Our Listings
4 Sale By Owner
New Construction
Dream Home Finder
MD Foreclosure Help
For Our Sellers
Market Analysis
Resources
Md Relocation
Lake Linganore
City Overview
FREE Brochures
Local #s
Buyer/Seller Info
Community Links
Real Estate Teams
Schools
Newsletter
Real Estate News
Homes&LandMag
Weather Report
Financial Resources
PNC Mortgage
Mortgage Rates
Home
TeamBlackBerry Home!
 


Referrals are our GREATEST compliment. Consider passing our name today.

Equal Housing Opportunity


GRI - Graduate, REALTOR® Institute


MLS membership


REALTOR® certification


Yahoo® Real Estate Classifieds

 

Buyer/Seller Info



  InterestFirstSM Mortgage

If you're looking to leverage your mortgage to expand purchasing power, this mortgage offers the benefit of a low, fixed-rate monthly payment.

Advantages:

-- For the first 15 years, monthly payments are lower than a comparable 30-year fixed-rate loan.
-- Gain control of your cash flow.
-- Ideal if you plan to stay in your home no more than 15 years and want the lowest monthly payment for that period.
-- Flexible cash flow for college costs, home improvements, IRA contributions, consumer debt reduction, or optional principal payments.

Details:

-- For the first 15 years, you pay only the interest due every month.
-- Any prepayments will reduce your principal balance and reduce future monthly payments.
-- Prepayment of principal may be made without penalty.
-- Payment adjusts at the start of year 16 to cover all interest and principal due on the loan for the remaining 15 years.
-- Monthly payment is fixed during years 16 through 30.

 

[ Back To Real Estate Glossary ]


2006-2008
All Rights Reserved Edward Black
TeamBlackBerry LLC t/a
TeamBlackBerry & Associates SM
REAL ESTATE TEAMS,LLC
50 Citizens Way Frederick, Maryland 21701
Lake Linganore, Maryland
Ed Black, Specializing in Frederick County MD real estate! - Frederick MD Realtors - Frederick MD Homes - HUD Home Sales - www.edsellsmaryland.com - www.lakelinganorehomesales.com - www.teamblackberry.com


Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu