Interest Only Home Loans
Many borrowers have benefitted from our interest only home loans that encourage the lowest possible monthly payments. Let's face it, many American borrowers have cash flow concerns and the interest only loan helps reduce the monthly housing expenses with the lowest possible mortgage payment. Mortgage Loan Outlet has extended several unique programs with interest only home loans and home equity credit lines for qualified applicants in all 50 states. How much money would you save monthly if you took out an interest only home loan with a rate of 3.25%. Speak with a MLO agent and get more information about our coveted hybrid ARMS and interest only loans.
Interest Only Home Loan Rates:
- 2% Start Rate with a 30 or 40 Year Amortization
- Interest Only loan amounts up to $3,000,000
- 1/1, 3/1, 5/1, 7/1, 10/1 ARM’s
Get a $300,000 Mortgage for a Payment starting at $1,490 a month.
Get Approved today for an interest only mortgage that dramatically reduces your monthly payment! We offer interest only payments that boast of mortgage interest rates under at 6%. Take a look at these low payment mortgages that are helping so many people qualify for lower payments.
Option ARM Mortgage Rates:
- 1.25% Start Rate with a 30 or 40 Year Amortization
- Deferred Interest loan amounts up to $1,800,000
Home Equity Credit Line Rates:
- 5% Prime Start Rate with a 10 or 15 Year Draw
- Interest Only HELOC’s up to $500,000
- 2nd Home Credit Lines
- Stated Income Home Lines
If you don’t want to refinance your existing loan, but need cash for paying off debt or financing home improvements then consider our interest only home equity lines and there is no cost to apply.
Mortgage Loan Outlet.com offers guaranteed low rate home mortgage loan programs for your refinance loan, cash out refinance, second mortgage, refinancing, debt consolidation, home equity, home improvement, FHA and 2nd home loans.
Interest Only Mortgage
These are adjustable or fixed loans that allow you to make a payment that just covers the interest each month.
Terms offered: 2/28, 3/1, 5/1, 7/1, 10/1