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How to Save Money When Moving

Hawaii will always be home. But whether you’re relocating for a new job opportunity, returning to raise a family, or upgrading from a Makiki condo to a Mililani house, moving for locals can be costly. Here are five ways to save on moving so you can focus on your fresh start.

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How an Interest Only Home Loan works

Many prospective homebuyers are increasingly turning to interest only home loans. An interest only home loan is an attractive option among those who want to invest in real estate but can't afford to make the large monthly payments associated with conventional mortgages.

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An alternative to a traditional mortgage

Mortgages are often seen as a one-size-fits-all solution when it comes to buying a home, but they don't have to be. There are a variety of mortgage options available to you, and an interest only mortgage is one of them.

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What to consider when applying for an Interest Only Home Loan

If you're looking to finance a home purchase, an interest only home loan could be the perfect solution. This type of mortgage provides you with the ability to pay only the interest on your loan each month for a specific period of time (typically between five and 10 years), thus making your payments more manageable. However, there are a few essential things to consider when applying for an interest only loan before applying.

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Understanding an Interest Only Home Loan

With interest rates continuing to rise, many borrowers are turning to interest only home loans as a way to reduce their monthly mortgage payments. But what exactly is an interest only home loan and when should you consider applying for one?

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