Do you want to lower your mortgage
payment as much as possible? An interest only loan from New Penn
Financial might be a good fit for
you.
Interest-only loans have an initial time frame in which only
interest is paid, followed by a period of time in which the payment
goes up in order to pay down the loan's balance. This means the
initial payments are comparatively low, allowing you to use the
balance of your cash flow for other immediate needs.
Advantages of a New Penn Interest Only Loan include:
- Fixed and adjustable rates
- Flexible terms
- No points and hidden fees
- Competitive rates
- No pre-payment penalties
- Expanded debt-to-income ratios
Call 888-673-5521 to get your personalized
rate quote for an interest only mortgage.
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