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
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Contact Us With Any Questions
About These Resources Here
or
Call Us At (800)774-7650






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Eric Gausepohl and Matt Gausepohl
NMLS# 371291 | NMLS# 328382
eg@summitlr.com
800-774-7650

Huntington Beach Location
2130 Main Street Suite 110
Huntington Beach, California 92648


Temecula Location
28581 Old Town Front Street, Ste 108
Temecula, CA 92590


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