Indiana Interest Only Home Mortgage
Get a great interest rate on an Indiana interest only mortgage.
We can also refinance your current Indian interest only mortgage.
Apply online or call one of our Indiana brokers toll free at 808-357-5326 and get sound advice from a professional.
- Pay the interest only and the principal at your
- Skip the starter home and buy the home you really
- Buying a nicer home can build equity
- Invest the extra cash flow into a high yield
- The interest is tax-deductible (other debt may
There are many great reasons to buy a home
with an Indian interest only mortgage, but it is important
to go over your goals with a loan professional to make sure
this and other programs suit your current and future
finacial situations. With the proper financial planning,
you can take advantage of good debt, reduce taxes and take
care of any bad debt (i.e. credit cards). This program may
not be for everyone, but it is a great option for those who
can take advantage of its flexibility.
Common buyers may have:
- Commission based pay that varies month to
- Expected increase in income
- A high yeld investment account that out performs
the loan rate
- A need to pay off high interest rate
- Business owners
- Property investors
This program allow homeowners the ability to
reduce their typical monthly mortgage payments by roughly
50%. This plan is based on an adjustable rate mortgage tied
to the libor index. Homeowners select a 30 year loan and
only the interest is paid for the first 5 years then
principle and interest for the remaining 25 years. If you
live in an area where homes are appreciating and would
prefer to make a much lower monthly payment then this
mortgage plan may be just what you're looking for. This
loan also works well for those homeowners who want to pay
down their mortgage quick. Loans are available from 100k up
to 2 Million.
Property investors often use this type of
financing for fast turn-arounds because they need to
minimize their cost and intend to keep the investment for
only a short amount of time.
All programs have "Interest-Only" payment
options and can be fixed for up to 10 years!
Control your cash flow with interest only
loans. Available in both adjustable and fixed rate forms
these loans allow you to have greater purchasing power,
reduced monthly obligations and many more features not
available with the traditional 30 year fixed principal and
interest loan. These can be tied to one many indexes
including the popular Libor Index. Most loans do not
include negative amortization* and can be fixed for terms
as long as 30 years. Today's interest rates are at the
lowest levels in years. Before rates go higher you may want
to consider the benefits of refinancing or securing an
interest only loan or interest only home equity line at
today's low interest rates.
As professionals in the home lending
industry, we've built our reputation on providing
outstanding service to our clients. This means you can
count on us to always look out for your best interests, and
to keep you informed throughout every step of the lending
process. Customer satisfaction is the cornerstone of our
business. Please do not hesitate to call if you have
questions about the information you find here on our web
We have several types of mortgages available:
Conventional Loans, VA Loans, and more. Please
give is a call at Call Today (808) 357-5326 or fill out our online Inquiry form to have a consultant
go over options and goals.