Fixed-Interest Only Loan


The Fixed-Interest Only Loan offers fixed-rate financing with reduced payments during the first 7 years for eligible first-time Homebuyers.

Features & Benefits

Below-market, fixed interest rate
30-year term
Pay only the interest, plus escrows for taxes and insurance, for the first 7 years — keeps your payments affordable
Fast turnaround time for loan approval
Low down payment
Down payment assistance available
Lower mortgage insurance premiums
Job Loss Protection pays your mortgage payment in the event of involuntary unemployment