INTEREST ONLY PROGRAMS

Interest Only Programs Allowed on the following:

1. Owner Occupied
2. Investment Properties
3. Second Homes

Available On:

1. Purchase
2. Rate and Term Refinance 
3. 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