Interest only home mortgage loan
specifications.
Interest only mortgage payment option
is available on many fixed and adjustable programs.
FannieMae Conforming Limits
1 Family Home -
$417,000 2 Units - $533,850 3 Units
- $645,300 4 Units -
$801,950
Interest
Only Rate
Quote - Get
Custom Quote -
Mortgage Calculator -
Interest Only Information
Features:
Conforming and Jumbo Interest Only Home Loan Mortgages
- Conforming loan amounts as stated above.
- Jumbo to $3 million.
- Available in 30 year fixed rate terms with
IO payments for 10 years.
- Adjustable rates may be fixed for 1, 2, 3, 5, 7, and 10 years
then go variable.
- 1 to 4 family dwellings.
- Refinance and purchases.
- Cash out for any purpose.
- No prepayment penalties at all.
- "Buy downs" and rebate pricing available.
- Owner occupied and rental / investment
properties.
- Up to 100% loan to value is possible on 80 / 20.
-
Get Quote
-
Quick Application
- Payment Calculator
The interest only payment mortgages are an
ideal tool for homeowners and purchasers that want the LOWEST INTEREST AND MONTHLY PAYMENT
available!
Lower payments are achieved by electing not to pay principal on the loan
balance. These loans are very popular because they allow the borrower to
qualify for more loan than a fully amortized payment might allow. There are safety features
built in to the adjustable programs in the form of caps on an annual and life
of the loan basis.
Back to
Loan Program Directory
100%
plus LTV | 15 Year
Fixed | 30 Year
Fixed | Adjustable
Rates |
Home Equity Seconds - 125%
| Debt Consolidation |
Home Improvement |
No Cost / Fees
Site Map
| Apply Now |
Current Rates |
Mortgage Calculator |
Good Faith Estimate of Costs
|
California
Home Loans |
Florida Home Loans |
Home -
Good Broker Rates
