542: A Home Loan Where No Monthly Payments are Required

Keith Weinhold and Caeli Ridge discuss the benefits of a type of loan that combines mortgage and banking features. This loan allows deposits to reduce principal first, every deposit acts like a payment, minimizing interest accrual. And can be used for cash-out refinancing, providing flexibility and potential tax benefits. 

Hear about the importance and the difference between open-ended and closed-ended loans.

If you pay down the loan balance over time, you can have a spread that allows you to access that equity without having to requalify or pay additional closing costs.

Resources:

Explore the loan simulator at RidgeLendingGroup.com or call 855-74-RIDGE 

or e-mail: [e-mail]

Show Notes:

GetRichEducation.com/542

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Get mortgage loans for investment property:

RidgeLendingGroup.com or call 855-74-RIDGE 

or e-mail: [e-mail]

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