Low Fixed Rate, Fixed Monthly Payment
Many financing programs offer promotional or “teaser” interest rates for an introductory time period that then revert to a very high rate if the loan balance is not paid off during the promotional period. These “credit card” types of financing also do not necessarily guarantee a fixed rate or payment for the loan term.
ReHome Florida loans are simple interest, fixed rate loans with longer terms available than typical bank financing. The monthly payment and interest rate can never change. And since there is no penalty for pre-payment, you may pay it off or make additional principal payments at any time.
Learn more at rehomeflorida.com.