Real Estate Interest Only Mortgage Loans
Finance the Home of Dreams with a Lower Mortgage Payment
With an Interest Only Mortgage loan, you pay only the interest on the mortgage in monthly payments for a fixed term*. This is a great option if you are looking for greater purchasing power and increased cash flow. This plan could result in hundreds of dollars in monthly savings.
An Interest Only mortgage Loan offers Borrowers:
- Gain greater purchasing power
- Pay only the interest on a mortgage in monthly payments for a fixed term
- Use the flexibility of an interest-only loan to lower monthly payments and increase cash flow by paying off your principal whenever you want
- You may also receive a tax deduction, so consult your tax adviser for specific information.
- Ultimate flexibility
- Increased cash flow
- Greater purchasing power
- Go with an interest only loan at Greatland Financial
* Balloon payment may be required. Rates may vary by state. In some states, a rate lock fee is required. No cancellation fees apply only to loans without a rate lock. Interest rate is subject to change without notice. Interest rate available on loans on owner-occupied single family residential properties. Subject to underwriting approval. Not all applicants will be approved. Full documentation & property insurance may be required. Loan secured by a lien against your property. Some restrictions apply. Fees, terms & conditions apply. Call for details.