 INTEREST ONLY |
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With this type of loan getting the lowest monthly payments possible is the goal. Re-financing in this way may reduce your payments by more than 39%.
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| 40 YEAR |
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Advantix Lending’s 40 year loan is designed to meet the needs of today’s homeowner. Extending the term of the loan from 30 to 40 years significantly lowers your monthly payment and allows you to qualify for a larger loan amount.
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| 30 YEAR FIXED |
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With this type of loan monthly payments are fixed over the life of the loan. The interest rate does not change and you’re protected if rates go up. You can refinance if rates go down.
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| 15 YEAR FIXED |
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With this type of loan monthly payments are fixed over the life of the loan. The interest rate does not change and you’re protected if rates go up. You can refinance if rates go down.
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| 5 YEAR FIXED |
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This is a fully amortized 5 year fixed rate loan that offers a low monthly payment. Whether it's the monthly savings you're looking for with a 5 year fixed rate loan or the security of a 30 year fixed rate, the choice is yours.
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| OPTION ARM |
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The Option ARM Loan gives you the flexibility to PICK A PAYMENT each month. What this means to you is a low initial monthly payment, a low start rate and up to 4 payment options each month.
Option 1 - The minimum payment lets you keep your cash and is calculated based on your initial start rate.
Option 2 - An interest-only payment that keeps your monthly payments very manageable.
Option 3 - A principal and interest payment based on a 30 year fixed rate loan.
Option 4 - A principal and interest payment based on a 15 year fixed rate loan.
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