Question 1

How long is the interest-only period?

Accepted Answer

Typically 5 to 10 years. After that, the loan recasts and you pay principal plus interest on the remaining balance.

Question 2

Can I buy a vineyard property with this loan?

Accepted Answer

Only if the property qualifies as residential. Pure agricultural or commercial land requires a different loan type.

Question 3

Will my payment increase after the IO period?

Accepted Answer

Yes — often significantly. Plan for higher payments before the recast date or refinance before it hits.

Question 4

Is my credit score good enough for interest-only?

Accepted Answer

Most lenders want 700 or higher. Below that, options get limited fast with non-QM products.

Question 5

Does SRK CAPITAL broker interest-only loans in Plymouth?

Accepted Answer

Yes. We access wholesale lenders who actively offer IO programs — including options for investor and rural properties.

Interest-Only Loans in Plymouth, CA — Lower Payments, Smarter Cash Flow