SecureCombo home loans give customers the freedom of a low fixed interest rate - with the flexibility of interest-only payments. Learn more about this exciting home loan from ENG Lending, or fill out our no-obligation, quick home loan application, today.Q: Will my SecureCombo home loan interest rate ever increase?
Q: How long do I have before I am required to pay back the principal amount?
Q: What will my monthly mortgage payments be like?
Q: How do I know if a SecureCombo home loan would be best for me?
Q: Is there a penalty if I decide to re-finance my home loan?
Q: What home loan amount could I potentially qualify for? Q: Will my SecureCombo home loan interest rate ever increase?
A: No – your mortgage interest rate never goes up! You are guaranteed the same interest rate for the life of your SecureCombo home loan. » RETURN TO TOP
Q: How long do I have before I am required to pay back the principal amount?
A: It depends on the home loan terms. In general, you are not required to pay back the principal amount for a fixed amount of time (3, 5, 7 or 10 years). In the meantime, you can pay just the interest on your home loan – or pay the interest plus principal. It's up to you! » RETURN TO TOP
Q: What will my monthly mortgage payments be like?
A: You can pay interest-only for a fixed amount of time (up to 10 years) without penalty. Or, you can pay more than the interest for any month(s) you choose. For instance, you can pay $500 more than the interest for February, then go back to paying strictly interest for March. You have total control! » RETURN TO TOP
Q: How do I know if a SecureCombo home loan would be best for me?
A: Do you want the security of lifetime fixed interest, with month-to-month payment flexibility? For instance, if you're self employed, a teacher, have other investment opportunities or just starting with your career, having some payment flexibility could be important. It's also perfect for those who prefer the freedom to make interest-only payments for up to 10 years. Learn to see if SecureCombo would be good for you! Call 1-866-878-2265 to speak to one of our lenders, or fill out our no-obligation, quick home loan application today. » RETURN TO TOP
Q: Is there a penalty if I decide to re-finance my home loan?
A: No. You may re-finance your home loan at any time without pre-payment penalties. » RETURN TO TOP
Q: What home loan amount could I potentially qualify for?
A: This will depend on your financials, but many people qualify for a larger loan amount with an interest only mortgage than with a traditional loan. » RETURN TO TOP
Don't wait – get prequalified and lock in your low interest rate right now. Call 1-866-878-2265 to speak to one of our lenders, or fill out our no-obligation, quick home loan application, today.
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