Interest Only Loan in Brooklyn Bronx Manhattan Queens Staten Island NY Nassau Suffolk County Long Island
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Interest Only Loan

An interest only loan is a non-amortized loan where interest is due at regular intervals and the full principal of the loan is due at the end of the loan term.  Interest only loans allow borrowers to increase their purchasing power and/or reduce monthly obligations.  Equity for a property with an interest only loan is due to appreciation.  Interest only loans are available on:

  • All Fixed and ARM loans (exp. 40-year term loan)
    *  Up to 100% financing
    *  620 minimum FICO

If you are interested in an interest only loan, call one of our professionals at 1 (888) 228-2229.

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