With one of the widest range of products available in the mortgage industry, our loan options include:
- Fixed and Adjustable Rates
- Low Down Payment
- Low Documentation/ Reduced Paperwork Loans
- Reduced Rate Options
- FHA and VA Financing
- Home Equity Lines of Credit
- FHA Homeowner Cash Out Program
A few of our exclusive Interactive Financial Corporation mortgage products include:
Interactive Financial Corporation Pay Option ARM.
This loan packs in a lot of features including a low start rate and can provide monthly payment options. If you're looking for a low start rate for a purchase or refinance, this might be the loan for you.
This loan combines the low initial rate of an Adjustable Rate Mortgage with predictability in the minimum monthly payments for the first few years should interest rates rise. Now qualified borrowers may be able to afford a larger home and still have monthly payment options.
Here's how it works:
Your statement will have up to 4 payment options (options vary each month). EACH MONTH, YOU CHOOSE WHICH PAYMENT YOU WANT TO MAKE.
- Minimum payment - The lowest payment based on the initial start rate ("payment rate").
- Interest only payment - Pay only the interest portion of your payment.
- 15 year payment - Pay off your loan as if it were a 15 year payment schedule.
- 30 year payment - Pay off your loan at the "Fully Indexed Rate"
Interactive Financial Corporation 100% Financing.
This loan can wipe out yet another barrier to home ownership - the down payment. Qualified borrowers can also use the stated asset option to help them get that dream home faster.
- Our 100% loan allows qualified borrowers with excellent credit to get a loan with no down payment. One of the most common options is an 80% first mortgage and a 20% Home Equity Line of Credit to equal 100% financing on their home. And with the 80/20 Stated Program, qualified borrowers don't even need to provide W-2's, tax returns, or any documentation of income.
Whether you're a first time homebuyer, want to buy more home, looking to cash out from your home for debt consolidation, or you simply want the peace of mind that can come from knowing you have greater financial flexibility, our 100% loan programs may be right for you.
Interactive Financial Corporation No Closing Cost Mortgages.
Interactive Financial Corporation has been offering No Closing Cost mortgages for over ten years. Our established investors provide us with wholesale rates enabling us to pass the savings on to you.
No closing costs can save you hundreds or even thousands of dollars right away. Our No Closing Cost mortgage options are popular with home owners who want to add more towards their down payment, or need the money for other reasons, like remodeling.
Our No Closing Cost mortgages are ideally suited for:
- First-time homebuyers short of cash.
- Move-up buyers with little equity in their current house.
- Buyers who want extra cash for the down payment, remodeling, etc.
- Homeowners refinancing to lower their rate and capture immediate savings.
Interactive Financial Corporation Interest Only Mortgages.
Qualified borrowers can make interest only payments for a limited period with the option to pay higher amounts to pay down the principal. Helps qualified borrowers afford more home or have more available cash each month.
When you're looking for a low initial payment, consider the Interactive Financial Corporation Interest Only loan program.
Qualified borrowers pay interest only for the first 10 or 15 years of the loan for fixed loan programs. For Fixed Period Adjustable Rate Mortgages (ARMs), qualified borrowers pay interest only for the first 3, 5, 7 or 10 years of the loan.
Interactive Financial Corporation 40 Year Mortgages.
This new type of loan has lower monthly payments than the traditional 30 year mortgage. At Interactive Financial Corporation, you have a choice of fixed rate loans or a variety of adjustable mortgages all available with a 40 year amortization. This loan will particularly appeal to first time buyers or move-up buyers.
Interactive Financial Corporation Reverse Mortgages.
The most talked about mortgage for those over age 62 who own their own home. The Interactive Financial Corporation Reverse Mortgages allow older home owners to convert part of the equity in their homes to cash without having to sell their homes or take on additional monthly bills.
Interactive Financial Corporation FHA Cash Out Program.
With Interactive Financial Corporation' new Cash Out Refinance Program exclusively for FHA Homeowners, you can get up to 95% cash out of the value of your home. This new program allows you to get cash now to use any way you want...fix up your home, purchase a new car, pay off debts, take a dream vacation.
Interactive Financial Corporation Commercial Mortgages.
Interactive Financial Corporation is an expert at finding the best long-term financing for commercial properties including, retail, office, industrial and mixed-use properties. We present your loan request to the top lenders. Each commercial lender has a slightly different need for their portfolio at any single time. We find the lenders who are looking for a project just like yours right now - and therefore, are willing to stretch to get your business. Among the commercial mortgages we offer are Commercial Property Mortgage Loans (e.g. office, retail and industrial); Apartment Loans and Apartment Financing; Owner-Occupied and Small Business Real Estate Loans…and much more.
At Interactive Financial Corporation, we're experts at providing solutions for your home financing needs. Contact us today for more information on how our financing options
could benefit you.
