This
program allow homeowners the ability to reduce their typical
monthly mortgage payments by roughly 50%. This plan is based
on an adjustable rate mortgage tied to the libor index. Homeowners
select a 30 year loan and only the interest is paid for the
first 5 years then principle and interest for the remaining
25 years. If you live in an area where homes are appreciating
and would prefer to make a much lower monthly payment then this
mortgage plan may be just what you're looking for. This loan
also works well for those homeowners who want to pay down their
mortgage quick. Loans are available from 100k up to 2 Million.
Property
investors often use this type of financing for fast turn-arounds
because they need to minimize their cost and intend to keep
the investment for only a short amount of time.
Many
programs have "Interest-Only" payment options
and can be fixed for up to 10 years!
Control
your cash flow with interest only loans. Available in both adjustable
and fixed rate forms these loans allow you to have greater purchasing
power, reduced monthly obligations and many more features not
available with the traditional 30 year fixed principal and interest
loan. These can be tied to one many indexes including the popular
Libor Index. Most loans do not include negative amortization*
and can be fixed for terms as long as 30 years. Today's interest
rates are at the lowest levels in years. Before rates go higher
you may want to consider the benefits of refinancing or securing
an interest only loan or interest only home equity line at today's
low interest rates.
As professionals
in the home lending industry, we've built our reputation on
providing outstanding service to our clients. This means you
can count on us to always look out for your best interests,
and to keep you informed throughout every step of the lending
process. Customer satisfaction is the cornerstone of our business.
We have cut out the middle man and the large corporate overhead
to bring you the best possible rates and lowest fees. Please
do not hesitate to call if you have questions about the information
you find here on our web site.