Questions?
866.970.SAVE
	Call Now. Open 24/7

Search Mortgage Rates

- No Personal Information Required


Loan Amount:	$
Property Value:	$

We apologize, but many features of our web site require that your browser have JavaScript enabled.

Please go to your browser's help files to learn how to enable JavaScript. After you have enabled JavaScript, you may continue

Also, our Loan Advisors are standing by to help you – please call us at 866.970.SAVE

Today's Mortgage Rates

November 21, 2008
Product	Rate	APR
30 Year Fixed	5.125	5.484
30 Year Fixed, Interest Only	5.375	5.744
15 Year Fixed	4.500	5.220
5 Year ARM	4.500	5.171
5 Year Interest Only ARM	4.500	5.162

Get Approved
FAST & EASY

Click Here for Details

Interest Only Mortgages

An Interest Only Mortgage is a home loan that only requires you to pay interest for fixed period of time. Interest only loans allow you to:

Lower your initial mortgage rate
Lower your initial monthly payment
Qualify for a larger loan amount

Interest only mortgage rates adjust annually, bi-annually or monthly. Therefore, your payments would adjust as well.

Once your interest only period (usually 10 years) is over, your loan amortizes like a regular mortgage and you are required to start paying principal.

Interest only mortgages are great for those who wish to manage their monthly cash flow closely. For example, if your income varies monthly due to bonuses and commissions, an interest only mortgage may be a good fit for you. For a month with a lower income you can just pay the interest, while during lucrative months you can put more down toward your loan principal so you pay off your mortgage faster.

Live Customer Satisfaction Survey

Read what customers say about our level of service.

Posted: 11/21/08 11:54 AM
Helped very well and went the extra mile. when I had questions explained every step.

Posted: 11/21/08 10:40 AM
prompt response, either via email or phone......very informative and friendly.

Posted: 11/21/08 9:57 AM
Wonderful service, fast, easy and pleasant.

Posted: 11/21/08 9:28 AM
We are so happy that you have worked through our remodeling completion with us. It has been very difficult for us but we should complete the remodel very soon. We look forward to moving ahead with our refinancing. Thank You!

Links

FHA Mortgages	Reverse Mortgages
VA Mortgages	Fixed Rate Mortgages
USDA Mortgages	Mortgage Loans
Refinance	Mortgage Rates
Home Loans - Purchase
Mortgage Calculators
Online Mortgage Classes
The Amerisave Process
Weekly Market Commentary

Why You Should Choose Amerisave

	Upfront Mortgage Lender Certified
	Guaranteed Closing Costs in Writing
	$500 Low Rate Guarantee
	$1000 On-Time Closing Guarantee
	Underwriter Reviewed Pre-Approvals
	Save Money at Home Depot & Other Stores

In The News