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    An Interest Only Loan allows borrowers to take control of their monthly cash flow while still having the option of paying down principle. These programs can allow consumers to qualify for more expensive homes while still maintaining a monthly payment within their budget. The most common program a is a 5-Year Interest Only Loan where the borrower has a fixed rate for five years (60 Months) and is only obligated to pay the interest owed every month. This could mean hundreds of dollars in monthly savings, increased purchasing power (since you may qualify on the interest only payment) and greater flexibility. Please consult a mortgage professional to see if an Interest Only Loan is right for you!

If you are looking for an Interest Only Loan to help you finance your home, contact us today to request a quote!
 
 
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Smart Loan Super Saver
   See How You Can Borrow $1,000,000.00 And Make A Minimum Payment Of Only $2,648.00 Per Month For The First Year!...
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Smart Loan Protector
   Borrow $500,000.00 And Make A 5-Year Fixed Minimum Payment Of Only $1,501.00 Per Month For The First Five Years!...
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Smart Loan Enabler
   See How You Can Borrow $250,000.00 And Make A Minimum Payment of Only $632.00 Per Month For The First Year!...
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Smart Loan 100%
   See How Borrowers Can Finance 100% of The Purchase Price of Their Home And Eliminate The Need For A Down Payment!...
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One Month Libor Loans
   A One Month Libor Interest Only Loan is based off of the 1-Month Libor Index and is calculated by taking the 1-Month LIBOR index plus...
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Six Month Libor Loans
   A Six Month Libor Interest Only Loan is based off of the 6-Month Libor Index and is calculated by taking the 6-Month Libor Index plus...
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One Year Libor Loans
   A One Year Libor Interest Only Loan is based off of the 1-Year Libor Index and is calculated by taking the 1-Year Libor Index plus ...
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3 Year Interest Only Arm
   A Three Year Libor Interest Only Loan is based off the 1-Year Libor Index and is calculated by taking the 1-Year Libor Index plus...
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5 Year Interest Only Arm
   A Five Year Libor Interest Only Loan is based off the 1-Year Libor Index and is calculated by taking the 1-Year Libor Index plus...
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7 Year Interest Only Arm
   A Seven Year Libor Interest Only Loan is based off the 1-Year Libor Index and is calculated by taking the 1-Year Libor Index plus...
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10 Year Interest Only Arm
   A Ten Year Libor Interest Only Loan is based off the 1-Year Libor Index and is calculated by taking the 1-Year Libor Index plus...
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10/30 Year Interest Only Arm
   A fixed rate for 30 years where the first 10 years are interest only payments. After the initial period has passed (121st month)...
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