Interest Only Loans

Interest only loans offer rates as low as 1.65%, and are usually Adjustable Rate Mortgages, though fixed rate interest only loans are available. Usually interest only loans are tied to an index such as LIBOR or prime rate.

Some of the benefits of these programs are increased monthly cash flow and greater purchasing power.

The Mortgage Store offers a wide variety of Interest Only programs for jumbo and conventional loans, and for borrowers with perfect or less than perfect credit. To speak with a Loan Consultant, call us now at 1-888-852-5722 or apply online.

 

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