ARE YOUR MONTHLY MORTGAGE PAYMENTS $3000, $4000, $5000 OR MORE PER MONTH? IF SO, YOU ARE PAYING TOO MUCH!

 

You can save thousands of dollars per month and tens of thousands per year by getting a Negative Amortization Loan.

 

 

What is a Negative Amortization Loan?

A Negative Amortization Loan (or NEG AM Loan) is a loan with an extremely low interest rate. The interest rate is so low that it is actually lower than the interest rates offered on an Interest Only Loan. Because this rate is so low and below the Interest Only rate, there is a payment shortfall, which is added back onto the principle balance of the loan.

 

Other names for a Negative Amortization Loan include; NEG AM Loans, Deferred Interest Loans, Flexible Payment Loans, Pick-A-Payment Loans, Cash-flow ARMS, Option ARMS and Smart Choice Loans. 

 

 

The Rates for a NEG AM Loan are:

At 24/7 NEG AM Loans, we offer dozens of different NEG AM programs. Our most popular are:

 

0.50% Rate with a 40 Year Amortization

1.0% Rate with a 30 Year Amortization

1.25% Rate with a 40 Year Amortization

(loan amounts up to $10,000,000)

 

Loan Examples

 

Loan Amount

$500,000

$500,000

$500,000

Interest Rate

0.50%

1.0%

1.25%

Amortization

40 Year

30 Year

40 Year

Monthly Payment

$1,149

$1,608

$1,324
 

Rates above from different lenders.

 

 

Save Thousands of Dollars With a NEG AM Loan

How can I save you thousands of dollars?  By lowering your interest rate to:

 

 

 

1.25% RATE WITH 40 YEAR AMORTIZATION

 

The following chart illustrates the possible savings with this type of loan:

 

NEG AM Loan

 

Typical Loan

 

Interest Rate

1.25%

Interest Rate

6.0%

Loan Amount

$500,000

Loan Amount

$500,000

Amortization

40 Years

Amortization

30 Years

Monthly Payment

$1,324

Monthly Payment

$2,997

 

Savings Per Month

$1,673

Savings Per Year

$20,076

 

 

Benefits of a Negative Amortization Loan

o        Increased savings and cash flow because of the low monthly payment.

o        Easier to get loan approval.

o        Qualify for a bigger and better home.

o        Choice of 3 payment options each month.

o        Reduced doc option (Stated Income).

o        A Credit NOT required to qualify.

o        Low rates (0.50%, 1.0% or 1.25%).

o        Pay no points for a purchase and pay nothing for a refinance.

(See Benefits of a NEG AM Loan Page for more detailed information).

 

Do You Qualify?

As long as you have a FICO score of 620 or above, you can qualify for a NEG AM loan. A Credit is considered 680 or better. If you have a FICO score below 620 I do have some Neg Am Loans for you. Please see the Low FICO Score Page. The link is in the Navigation Box to the left.

 

 

NEG AM Loans are available for:

o        Purchases or Refinances

o        Single Family Residences, Condos, Town Homes and Multi-Units

o        Owner and Non-Owner Occupied Properties

o        Foreign Nationals

o        All states including Alaska and Hawaii

 

 

To receive a FREE Loan Quote, please fill out one of our FREE Loan Quote pages. We only ask a few questions, so it will only take a minute to fill out either page.

 

 

Free Refinance Quote: Click HERE

 

 
 

Rates are subject to change without notice. This is not a commitment to lend. Refinancing or taking out a home equity line of credit may increase the total number of monthly payments. Some products may not be available in some states. Home mortgages subject to credit review and approval. Properties securing all loans must be located in the U.S. CA Dept. of Real Estate Broker ID # 01245811.