Super Jumbo Loans. Offering super jumbo loans up to $5 million. OneWest Bank excels in large balance mortgages, including super jumbo loans. As Southern California’s hometown bank, we proudly offer super jumbo loans up to $5 million to finance primary residences, second homes and investment properties with a variety of mortgage options to suit the individual needs of our customers.
Compare Jumbo Interest Only 5/1 ARM Rates – Price A Mortgage – Details on 5 year jumbo interest Only Loan Financing. Fixed rate introductory period of 60 months. After that time passes, the rate will adjust up or down – ask your loan professional for more information. Interest only payment typically only available for first 60 months.
Here’s an example: For a $300,000, 30-year mortgage with a 10-year, interest-only period at a 5 percent interest rate, your interest-only monthly payment would be $1,250.00.
Flexible 30 Year Jumbo Mortgage Interest Only Loans – Ask a mortgage professional if a 30 year jumbo interest only loan might be right for your situation. Many people are looking for financing products that enable them to minimize their monthly payments without having to take on the risk of an adjustable rate mortgage.
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Super Jumbo Mortgage Rates | Interest Only Home Loans. – Interest-only jumbo mortgages are useful loan options if you prefer to keep your monthly payments low and want the flexibility to invest the savings or to make larger, irregular payments to principal on your own schedule. If you choose to make interest-only payments, your interest rate is fixed for a period of 5, 7, or 10 years.
Certain purchases or refinances require a large loan. And sometimes borrowers have complex financial situations, substantial but fluctuating incomes, or preferences in how they maintain cash flow. We have solutions – our mortgage professionals are here to consult with you to see if a jumbo interest-only loan might suit your circumstances.