Enjoy increased financial control with the payment flexibility this loan program offers. You have the ability to increase your cash flow for other purposes, such as investments, or paying off higher debt obligations by choosing between 3 monthly payment options: interest-only payment, fully amortized payment based on a 15 year, 30 year, or even 40 year schedule, or low start rate payment.
Features and Benefits
- Low initial rate
- Interest-only payment option for first 5 years
- Fully-amortized payments for years 5-30
- Maximum cash-out
- Monthly payment fixed for 1 year
- No costly prepayment penalties
- Available on second-home and investment properties
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Metrocities Mortgage, LLC is a Delaware limited liability company licensed by the California Department of Corporations under the California Residential Mortgage Lending Act. Arizona Mortgage Banker License #BK0903027; Georgia Residential Mortgage License #16984; Illinois Residential Mortgage Licensee #6424; Kansas Supervised Loan License #2002-4365; Massachusetts Mortgage Lender License #MC2011; Mississippi Supervised Mortgage Company; New Hampshire First Mortgage Banker/Broker License 8728-MBB; Licensed by New Hampshire Banking Department; Licensed Banker-New Jersey Department of Banking #9932415; New York licensed mortgage banker; Pennsylvania Department of Banking #1740; Rhode Island Licensed Lender/Broker. This is not an offer to enter into a rate lock agreement under Minnesota law. Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend. All rates, fees, and programs are subject to change and/or withdrawal from the market without notice.
