Interest Only Bank Loans - Home Mortgages / Rates / Testimonials

Testimonials

"Since being turned down by my local bank, the house me and my wife dreamed of owning seemed out of reach. We needed a 90% Loan To Value on a $2,450,000 purchase and was told it could not be done. After applying on line with Interest Only Bank Loans it took less than 5-Days for us to receive our loan commitment, and in addition our interest rate and closing costs were lower than what our original bank that turned us down was offering! I highly recommend Interest Only Bank Loans.

Kymberely W.
Carlsbad California

"After finally getting engaged, I realized it was time for me to move out of my 1-bedroom bachelor apartment to start my life with my future bride. My problem was I had little or no money to put down on a new home and to make matters worse my fiance picked out a home on Miami Beach with an asking price of $485,000! I never dreamed it would be possible to get 100% financing for a house this expensive but after applying online with Interest Only Bank Loans, not only were they able to help me finance 100% of the purchase price, they were also able to secure me an interest only mortgage with an interest rate of 4.25%! Needless to say my fiance was ecstatic.

Mark B.
Miami Beach Florida

"As a recently laid off commercial airline pilot, it was important that I had a mortgage payment I could afford. After speaking to a few lenders, they all told me that it would be impossible to get a mortgage without a job while still keeping my payments low. One night I happened to come across Interest Only Bank Loans and decided to take a shot and apply. With in two hours I was on the phone with a mortgage professional who quickly got me pre-approved at the terms and conditions I could live with! The whole process was easier than I could have ever imagined. Interest Only Bank Loans put me in touch with the exact mortgage professional that I needed.

Mike A.
Naples Florida

"Between my first mortgage of $1,500,000 and my equity line for another $500,000 my monthly mortgage payments were draining me financially. After applying online I was contacted by a mortgage banker who explained to me the benefits of doing an interest only loan. By combining both loans into one interest only loan I was able to save $3,678.93 per month giving me the breathing room I needed.

Dr. Jerry S.
Cherry Hill New Jersey

"With bills pilling up and my credit card debt eating up all my savings I knew I had to take action. I was hesitant at first, but said "What do I have to lose?" so I decided to apply with Interest Only Bank Loans. A mortgage specialist soon called me and explained that I could do a cash out refinance and take $35,000 in equity out of my house to pay off all my credit card debt as well as what I owed for past due child support while actually lowering my monthly mortgage payment by $65.00 per month."

Kevin C.
Omaha Nebraska

"I just got transferred from New York to Florida to start a new job with one of the top law firms in the country. While my wife stayed up north with the kids it was my job to find a new home. I applied with Interest Only Bank Loans because I did not have time to do all the leg work in finding a mortgage. My mortgage specialist explained to me that I can do a mortgage that would give me the security I needed for my family while still keeping my payments low. We decided on a 7/1 interest only loan which fixed my rate for 7-Years while allowing me to carry both homes until the end of the school year."

Stuart K. Esq.
Davie Florida

"With my son starting college, I felt it made more sense to buy a home where he could live for the next 4 years rather than throwing money away simply renting. After searching high and low for the best rates a friend of mine turned me on to Interest Only Bank Loans. To my surprise they beat my best offered rate by almost a half percentage point with almost $625 less in closing costs. I highly recommend Interest Only Bank Loans to anyone looking to save money.

Robert U.
Los Angeles California