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Please complete the following required information before continuing.
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for Jumbo homes
Interest-only loans are attractive to buyers who know they will only own their home a few years and prefer to use their available funds in other investments. With an interest only loan*, borrowers pay monthly interest payments only (no payments on principal) for a fixed term. The lower monthly payment offers them flexibility to invest their money elsewhere. Additionally,
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Buyers may qualify for a larger loan amount
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Monthly payments are lower than those for standard loans
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Buyers may pay down the principal at any time without penalty
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After interest-only period, the unpaid principal is fully amortized over the remaining term of the loan*
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Considering an interest-only loan? Call us today with your questions, and let us run various loan scenarios to help you determine what's the best fit for your budget.
Programs, rates and terms subject to change without notice. Certain restrictions apply; not all applicants will qualify.
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Select a loan application: |
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