Products
The Interest Only Loan
Provides a monthly payment that covers only the interest due, featuring a significantly lower payment than
a regular amortizing loan.
Key Benefits:
- Reduces cash flow requirements
- Permits principal curtailment to reduce the outstanding balance at anytime
- Popular with borrowers earning income from bonuses, distributions and other lump sum forms
- Monthly savings can be reinvested for a higher after tax return
- Lower payments qualify customers for larger loan amounts
