- Lost Equity In Your Home? HARP 2.0 May Be The Answer
- Veteran Loan Information Center
- 7 Things You Should NOT Do When Applying For A Home Loan
- Special Report Exposes All Of The Terms And Fees That Are Charged To Buyers At Settlement
- The Top Mortgage Questions You Must Ask Before Applying For A Mortgage
- How To Finally Stop Renting And Own A Home Of Your Own
- Important Terms You Must Know BEFORE Obtaining A Mortgage
- Checklist Of Items Lenders Need To Approve Your Loan Application
- 12 Secrets To Lowering Your Homeowners Insurance Cost Your Agent Doesn’t Want You To Know
- Money & Time Saving Tips For A Successful Move
- The Dangers of Identity Theft and How to Protect Yourself!
- Fannie Mae Lookup
- Fannie Mae Homes
- Freddie Mac Lookup
- HUD Approved Condo Projects
- Huntington Beach Market Update – November 2016
- 3 Reasons To Use A Huntington Beach Mortgage Lender
- Summit Lending Mortgage Refinance - When Is The Right Time?
- Top 5 Tips For Getting VA Loans
- 4 Ways to Buy a Home With Minimal Down Payment
- 3 Helpful Tips for a First-Time Home Buyer
- FHA Loans California
- Jumbo loans California
- Refinance mortgage California
- VA Loans California
- Home Loans Southern California
- Mortgage Lending
- Mortgage Lender Temecula
INTEREST ONLY PROGRAMS
Interest Only Programs Allowed on the following:
- Owner Occupied
- Investment Properties
- Second Homes
Available On:
- Purchase
- Rate and Term Refinance
- Cash Out Refinance
Example Scenario:
Owner Occupied, Single Family Residence
Purchase Price: $900,000
Down Payment: 20%
Loan Amount: $720,000
Credit Score: 700
Product: 7 Year ARM Interest Only
Rate: 3.125%
APR: 3.25%
This is based on rates as of 02/23/2016
Other Facts: Loans Up to $5 million, 3,5,7,10 Year Interest Only Available, Non Occupying Co Borrowers Can Be Used to Qualify
NMLS# 371291