Interest Only Jumbo Loans Still Available - Even after QM Rule - Craig Bosse

Interest Only Jumbo Loans Still Available – Even after QM Rule

By Craig Bosse

Posted August 31, 2015

In Niches

One of the big myths about the Qualified Mortgage Rule is that Interest-Only loans will vanish. Is it true?

Like most things you hear when people think the sky is falling.. No, it’s not true.

We still have interest only loans for your Primary Home, 2nd Home, and Investment properties.

Here are the details –

Owner Occupied, 2nd Homes, and Investment Properties
80% LTV ( 20% Downpayment )
3/1, 5/1, 7/1, & 10/1 LIBOR ARMs
Available in 46 States
Loan Amounts up to $4 Million ( with exceptions to go higher )

We have great rates on this because it is not a hard money loan. This is a fully underwritten portfolio loan.

Tags: interest only, investment loans, Jumbo

Craig Bosse

Craig Bosse specializes in mortgage lending and has helped hundreds of people fulfill their dream of owning a home. Many of the loans he gets approved have been previously denied at other lenders. Craig enjoys the challenge of finding solutions for his clients!