It stands for interest-only loan; a form of loan in which the borrower only pays interest over the loan's life,...

A form of loan in which the borrower only pays interest over the loan's life, while repayment of the principal...

A form of loan in which the borrower only pays interest over the loan's life, while repayment of the principal...

A form of loan in which the borrower only pays interest over the loan's life, while repayment of the principal...