Pay Option Arm
- Choose payment options monthly, pay interest only or a fully amortized payment whenever you choose
- Great for borrowers who want the lowest possible monthly payment
- for good credit customers
- 100% financing programs available
- Great option for investors
The pay option ARM is a great choice for the customer who wants maximum flexibility in their monthly payment options. The pay option ARM allows you to choose what type of payment you would like to make every month. With this program, you have the freedom to choose between making a fully amortized payment or make as little as an interest only payment. In the end, the choice is yours! Typically, the pay option ARM has similar credit requirements as conventional loan programs. Contact us to see if a pay option ARM would be right for you.
* Approvals are not guaranteed. All programs are subject to terms and conditions as well as underwriting approval and review. All programs are subject to change without notice.
