Interest-Only Loans

Flexible payments during construction or early ownership.

With Interest-Only Loans, you only pay interest for a set period (e.g., first 5–10 years), with principal payments beginning afterward. This reduces your initial monthly costs.

Features:

• Lower early payments

• Greater cash flow during construction

• Principal due after interest-only period

• Can be converted to conventional mortgage

Best For:

Custom home builders, high-income borrowers, or those expecting increased income later.