Is Interest Only for me? Would a lower monthly payment allow you to: » Increase the value of your home » Save for college » Invest in your retirement or IRA » Pay down other outstanding loan amounts » Does your income fluctuate seasonally requiring you to be able to minimize your monthly payment yet still have the option of paying down principle later? After the introductory period, each month your statement will give up to 4 payment options allowing you to choose which payment you want to make. FLEX-PAY offers you control, choice, and flexibility like no other loan product on the market today. Choose Between: » The Minimum payment - The lowest payment based on the initial start rate. » Interest-only - Pay only the interest portion of your payment » 15-year amortization - pay off your loan as if it were a 15-year payment schedule » 30-year amortization - pay off your loan as if it were a 30-year payment schedule FLEX-PAY gives you the option to save your hard earned cash when you need it most. Fill out our no obligation mortgage application and a FLEX-PAY specialist will contact you with more information.
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