Would you like to significantly lower your mortgage payments by paying only the interest on your loan? This type of loan is great for debt consolidation up to 100% LTV

Example of how you may benefit from an Interest Only Loan Program

* Payments based on 30 Year Amortization, 80% ltv, 1st lien position, 3.75% rate, 3.85% APR.
APR may vary depending on term and amount.
Rates are subject to change.
Loan application subject to credit and underwriting guide lines

Home Equity Line (HELOC)

This program is very popular for those looking to do home improvements and who are not interested in tapping into all of their home's equity at one time. With this type of program you can draw on your equity at your leisure making this an excellent loan program that you control. A "HELOC" is usually set up on an interest-only payment and is fixed to either the LIBOR or Prime index. It can be used for at least 10 years before principal payments are required.

Example of how an Interest-Only HELOC Payment is Calculated:

Rate + Index x Remaining HELOC Balance/divided by 12 Months = Mo. Payment 4.25 + 1.00 x 35,000 /12 Mo. = $125.00

**Payments based on 30 Year Amortization, 80% LTV, 1st lien position, 5.25% rate, 5.35% APR.
APR may vary depending on term and amount.
Rates are subject to change.
Loan application subject to credit and underwriting guidelines