The Community
Smart Loan Interest-Only Loan offers you:
Month-by-Month Flexibility - Each month, you can pay
interest only* or the combined interest and principal. That
means your monthly payment could be up to 45% less than
fixed-rate mortgages!
Freedom to spend your money how you want - Use your
money to remodel your home, pay off high-interest bills, finance
college, or even go on a dream vacation!
See
the difference Smart Choice could make for you! Community
Smart Loan vs. Traditional 30-year Fixed*
mThis
chart is informational only. Your actual payment may be different.
Quick 30
Second Mortgage Application
Fill out our "Quick App" below
for a fast response to your loan needs!
*Rate
is variable and subject to change. Interest-only for 3 years.
After the initial 3 year, fixed-rate period the rate will adjust
every 6 months. The interest-only payment on a 30-year $200,000
3-year Adjustable Rate Loan at 4.0% and 80% LTV would be $666.67
with 1.75 points due at closing. After the initial fixed-rate
period, the principal and interest payment is $1038.73. The Annual
Percentage Rate is 4.371%. Rates could change daily. Actual
payments will vary based on individual client situation and
current rates. Not available in all states.
If you prefer you can call us
directly at 800-424-9377 or
click here to contact us via email.
The information you provide to Community Mortgage will be used to
fulfill your request. Community Mortgage does not share your
information with outside companies for their promotional use.
Occasionally, we may contact you with special offers that may
interest you. If you do not want to receive these offers you may
opt-out by
clicking here.
See
the difference Smart Choice could make for you!
Call Today!
(800) 424-9377