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Interest Only Home Loans 

We offer a number of interest-only loans.  We have three programs:

1) Standard Fannie Mae/Freddie Mac home loans up to $729,750.  Rates are more competitive up to $417,000.  Call for these great rates;

2) Non-Fannie Mae/Freddie Mac loan up to $5,000,000.  These 30 year ARMs are fixed for the first 1, 3, or 5 years featuring low interest-only payments, amortized over 30 years and fixed for 1,3 or 5 years.   Some differences over Fannie Mae/Freddie Mac loans include:

• ability to pay off debts through escrow to qualify:
• No add-on to $900,000;
• No add-on for cash-out;
• 1 and 3 year loans have a 10 month prepayment penalty and 5 year loans have a 36 month prepayment penalty of 1.00% of the loan amount.  This can be bought out up front for an extra .30% to rate;
• Interest-only is not available on this program for first time home buyers.

3) Another non-Fannie Mae/Freddie Mac Program with interest-only loans up to $5,000,000+.  These are 40 year loans with the initial interest-only payment or 30 year fully amoritzed loans.  Therefore, if you want a 10 year interest-only loan, you will have a 30 year loan after the interest only period expires (see loan documents for exact details).  This program allows interest only loans for terms of 3, 5, 7, or 10 years.  This program is available on up to 4 units properties.  There are NO restrictions for number of properties owned.

 Call for more details, 800-365-8787 ext 11, Stanley Goodfriend!

Please complete our loan application by clicking the "apply now" icon located at the top of the main page.  You may leave some information blank as we are able to make any necessary changes to the application after you have sent it to our system.  The important thing is to get the application into our system so that we can work together to complete it properly.

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Our home loans (single family up to 4 units)programs are for homes in California.  Our commercial loans are for properties throughout the USA.  All of our loan programs are customized specifically for you.