Interest-Only Mortgages
An Interest-Only Mortgage gives you the option to pay only the interest on the money you borrow for the first few
years of your mortgage. This is commonly known as the "interest-only" period (for example, the first 5 years of
your loan). If you are considering an adjustable rate mortgage, ask about what your payments can be if interest
rates increase. We also encourage you to ask what the payments on your interest-only loan will be after the end
of the interest-only period.
For more information call (866) 997-7359
- Low interest-only payments (More Info)
- Lower payments can increase your buying power in higher-cost markets
- No Closing Cost options
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