UWM is now offering Interest Only loans!
Amy Schultz
![Amy Schultz]()
Amy Schultz
Seasoned Mortgage Professional | Mortgage Broker Advocate | Industry Mentor with 20+ Years of Expierence
Interest Only loans offer your client the flexibility to choose a lower monthly payment, ultimately saving them hundreds of dollars each month. In addition, your purchase clients will benefit from a greater monthly cash flow.
Program highlights:
- Loan amounts from $250,000-$2,000,000
- 5/1 ARM with a 2/2/5 cap
- 42% DTI
- 720+ FICO
- Eligible for both purchases and refinances
Read More: https://www.uwm.com/the-broker-life/blog/2015/07/16/uwm-is-now-offering-interest-only-loans!