Home loans
Interest-only loans. More cash free up front
Pay only the interest for an initial period. We shop your loan with 130+ lenders, including those that offer interest-only.
What an interest-only loan is
For an initial period, your payment covers only the interest. After that, payments include principal too.
It keeps more cash free in the early years, which helps investors, business owners and buyers of higher-priced homes.
Who it fits
- Buyers of higher-priced homes
- Investors focused on cash flow
- Business owners with variable income
- Borrowers who plan to sell or refinance before the period ends
The steps
How it works with us
- Tell us your goalsPurchase or refinance, and how you plan to use the cash flow.
- One soft pullWe check your credit once, without affecting your score, and shop the file with 130+ lenders.
- Compare side by sideWe show interest-only beside a standard loan so you see both payments.
- CloseWe keep the appraisal, lender and title moving, and get you to closing.
Get ready
What to have on hand
You don't need all of it to start. The application tells you what's missing.
- Photo ID for everyone on the loan
- Income documents (W-2s, tax returns or bank statements)
- Bank statements showing down payment and reserves
- Purchase contract or current mortgage statement
Questions
Good to know
What happens after the interest-only period?
Your payment changes to include principal for the rest of the term.
Is interest-only available on investment properties?
Yes. Many investor and DSCR lenders offer interest-only options.
Can I pay toward principal during the interest-only period?
Many loans allow it. We'll confirm the terms of the loan you choose.
Is interest-only right for me?
It depends on your plans and cash flow. We walk you through both payments before you decide.