Other - Home & Garden
What is the best provider for “flexible” mortgages that allow savings deposits to offset mortgage balance?
September 6, 2009 by Mr mortgag · 3 Comments
skay4242 asked:
This is known as an offset or flexible mortgage in the UK. However I cannot seem to find a similar option in the US.
I am a Starbucks addict living in the northern suburbs of Chicago. I am a freelance web designer as well as an internet consultant who can be hired on an hourly basis. 
Ha ! if you don’t have a fixed interest rate your screwed the second you sign on the dotted line…
Are you referring to verifying reserves in leui of income?
A variety of ways to qualify can be found there.
I’m not aware of any such mortgage product in the US. We don’t have endowment mortgages here either, thank God!