What is an Interest in Advance Loan?

March 11, 2015
Rebecca Crommelin

Interest in Advance Loans

Or as they are also known a fixed rate Interest Only mortgage, is where the interest is paid 12 months in advance each year.  

This option obviously does not suit everybody's needs and/or situation. 


But if you'd like to know more about this loan type or other financial options we have available, contact us at Mortgage Choice in Blackwood & Happy Valley today on (08) 8178 0700, so we can research and compare options that will cater to your situation.


Charlotte Gray, Loans Consultant


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