Interest Only Jumbo Loans to Ten Million ($10,000,000)
Interest Only Jumbos?
YES, Up to $14 Million
IMPORTANT!!
I'm not a securities analyst or
a licensed financial advisor.
I sell mortgage loans.
This is not to be construed in any way, shape,
or fashion as advice. It is solely informational,
and a source of other data so that YOU can make
an informed decision.
Details,
details, details . . .
Interest
Only for Five Years;
then goes to a 25 year amortization, P&I
Purchase or
Rate and Term
Refis:
95% to 400K
90% to 500K
80% to 750K
70% to 1M
60% to 2M
Cash Out Refinance
75% to 500K
65% to $650K
60% to 1.5M
You can do the math - Interest rate times mortgage divided by 12
Could it get any easier?
Call Traci, 770/333-4404
or send an email and
I'll call you.
Why
go to an interest only loan? Savvy investors
are using this loan for a mulitude of things:
~
one salesman I know funds his IRA the first three months of the year,
then spends nine months making principal reduction payments on his mortgage.
There
is no penalty for principal reduction. That's the point . . . that and
the flexibility to use that money the way you want to, or NEED to on a
monthy basis.
~
investors are using the extra cash to fund investments for a more secure
future.
Imagine,
this month you make a full house payment, next month you take advantage
of an opportunity, and make an interest-only payment. The next month,
well, that one's up to you.
Pronunciation: "fi-n&n-'sir; f&-"nan-, "fI- Function: noun
1 : one who specializes in raising and expending public moneys; 2 : one who deals with finance and investment on a large scale.
Member, Georgia Association of Mortgage Brokers, Cobb Chamber of Commerce, National Association of Professional Mortgage Women & National Association of Mortgage Brokers
* Programs, Rates & Terms subject to change without notice; the market is extremely volatile right now.
Don't presume what you want is available without talking to someone on my staff.