Achieve maximum savings for the next several years with an interest-only loan from Signature Mortgage.
Do you need to lower your mortgage payment as much as possible? Or, do you have a financial plan that requires that you pay less in interest over the next few years? An interest-only loan from Signature Mortgage might be perfect for you. As your home loan partner, we’re here to help find the right loan for your situation.
Lower monthly payments
Add principle whenever you want
Pay off credit card debt with your monthly savings
Designed for the sophisticated home buyer
Maximize your savings! Fill out our form or call 1-800-241-1996 to get your personalized quote.
The interest-only portion of the loan is set at a certain number of years (three to ten years, for example). During that period, your payments would consist only of the interest accrued on the borrowed amount, or principle, resulting in an extremely low payment. After that initial period, and for the remainder of the loan, the payments would include both principle and interest.
What’s the benefit of talking with a licensed mortgage banker?
Talking to a licensed mortgage banker is an important step to getting the right mortgage loan. Everybody has different loan needs and a mortgage banker knows which questions to ask in order to best match you with the right loan and monthly payment. Since we have a strict "No Steering" policy, you can be assured that the loan option suggested to you will fit your needs. The mortgage banker will also explain all the steps–from getting started, to locking in your low rate, to closing your loan in less than 30 days. Because we are a direct lender, if you have any questions during the loan process, you will have one direct number enabling you to get quick answers straight from the source.
As your home loan partner, Signature Mortgage is here to help find the right loan for you. Please call us at 1-800-241-1996 to speak to a licensed mortgage banker.
* Rate displayed assumes that you are buying or refinancing an owner-occupied single family home, all borrowers have credit scores of 740 or higher, debt-to-income ratios of 35% or lower, asset and reserve requirements are met, and your property has a loan-to-value of 80% or less. The Annual Percentage Rate (APR) is based on a loan amount of $200,000 and may include up to 3 points. (Points include any origination, discount and lender fees.) On adjustable-rate loans, interest rates are subject to potential increases over the life of the loan, once the initial fixed-rate period expires.
