Interest Only Mortgage 100% Purchase All Programs available for purchase or refinance.

1.75% Payment option ARM. The most conservative index of all the adjustable loans. This loan offers 4 payment options each month. The start rate is fixed for 3 months, this will adjust monthly. Call for more specifics.

Program Options (Click to Expand)

• Interest Only
  • These loans offer you the lowest possible mortgage payment. Advantages: Increases your buy-in power, improves your cash flow, and savings can be applied to principle, retirement accounts, college fund or anything else you may need it for.
• Zero Down 100% (80/20)
  • 80% 1st mortgage and a 20% 2nd mortgage. There is no need for mortgage insurance because interest only options are available. Offers a large choice of programs to fit everyone's needs. Spans stated income to full document loans. If you are credit challenged, have low savings or no savings, this could be the loan program for you.
• 100% Loans (1 Mortgage)
  • No mortgage insurance. 30 year and 15 year loan rates are a little higher that an 80/20 loan. Some restrictions will apply. Call for details.
• 107% Loans (1 Mortgage)
  • Same as 100% Loans, except you can finance your closing costs. Some restrictions will apply. Call for details.
• Fixed Payment ARMs
  • Payments fixed for the first 3, 5, 7 and 10 year loans. Great cost savings for those who know they will be in their home for a limited time.

Current Rates Updated: 2005-08-02 15:20:38 Program Rates Points APR 5 yr ARM Interest Only 5.625 0 5.753 3 yr ARM Interest Only 5.125 0 4.923 15 yr Interest Only 30 yr Loan 5.875 0 6.148 Monthly ARM 1.00 0 5.378

Free Loan Analysis and Cost Comparison

Call and get a loan comparison that can show you what loan program is best for you, whether you are refinancing or buying a new home, this service is a must. Free service with no obligation.

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