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 * Mortgage Solutions
   * Bank Statement Jumbo
   * Rental Income DSCR
   * Interest Only Jumbo
   * 1099 Jumbo
   * Closed-End Second Mortgage
   * Asset Utilization
   * Foreign National
   * Multi-Family Jumbo
   * Conventional Jumbo
 * Licenses
 * About Us
 * Press
 * Blog

Menu
 * Mortgage Solutions
   * Bank Statement Jumbo
   * Rental Income DSCR
   * Interest Only Jumbo
   * 1099 Jumbo
   * Closed-End Second Mortgage
   * Asset Utilization
   * Foreign National
   * Multi-Family Jumbo
   * Conventional Jumbo
 * Licenses
 * About Us
 * Press
 * Blog

Apply Now
 * Mortgage Solutions
   * Bank Statement Jumbo
   * Rental Income DSCR
   * Interest Only Jumbo
   * 1099 Jumbo
   * Closed-End Second Mortgage
   * Asset Utilization
   * Foreign National
   * Multi-Family Jumbo
   * Conventional Jumbo
 * Licenses
 * About Us
 * Press
 * Blog

Menu
 * Mortgage Solutions
   * Bank Statement Jumbo
   * Rental Income DSCR
   * Interest Only Jumbo
   * 1099 Jumbo
   * Closed-End Second Mortgage
   * Asset Utilization
   * Foreign National
   * Multi-Family Jumbo
   * Conventional Jumbo
 * Licenses
 * About Us
 * Press
 * Blog

Apply Now


PLACEHOLDER FOR CALCULATOR


INTEREST ONLY JUMBO MORTGAGE



Enjoy the benefits of a 10-year interest-only mortgage, a unique mortgage option
that offers potential financial flexibility during the first decade of your
mortgage.

A Interest Only Jumbo Mortgage  allows you to make interest-only payments for
the first ten years, after which the loan amortizes into a standard 20-year or
30-year fixed mortgage.

A10-year interest-only mortgage can offer several benefits for those looking for
potential financial flexibility and pay down the principal on your own terms.


PROGRAM HIGHLIGHTS FOR INTEREST ONLY JUMBO MORTGAGE

 * Lower monthly payment and financial flexibility
 * Loan amounts up to $5 million
 * 40 year fixed with a 10 year interest only payment
 * Loan amortizes into a 30 year fixed after 10 years



1141 Highland Avenue, Suite C

Manhattan Beach, CA 90266

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Contact

Corporate

(888) 822-6418
contact@mbanc.com

New Loans

(844) 918-1886
sales@mbanc.com

About Us

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Mortgage Solutions

Bank Statement Jumbo
1099 Jumbo
Rental Income DSCR
Asset Utilization
Foreign National
Interest Only Jumbo
Multi-Family Jumbo

Mbanc, a mortgage lender. Mortgage bank of california dba mbanc. Nmls id # 38232
(nmls consumer access site). Arizona mortgage banker license – license #
0943170. California – dbo finance lenders law license – license # 60dbo45280.
California – dre real estate corporation license endorsement – license #
01521655. Colorado mortgage company registration – regulated by the division of
real estate. Connecticut mortgage lender license – license # ml-38232. District
of columbia mortgage dual authority license – license # mlb38232. Florida
mortgage lender license – license # mld1287. Georgia mortgage lender
license/registration – license # 48090 (dba mboc home loans). Hawaii mortgage
loan originator company license – license # hi-38232 (dba mboc home loans).
Idaho mortgage broker/lender license – license # mbl-2080038232. Illinois
residential mortgage license – license # mb.6761396. Maryland mortgage lender
license – license # 21870. Michigan 1st mortgage broker/lender license – license
# fl0022526. New jersey residential mortgage lender license – regulated by the
department of banking & insurance. North carolina mortgage lender license –
license # l-183446. Ohio residential mortgage lending act certificate of
registration – license # rm.804374.000. Oregon mortgage lending license –
license # ml-5804. Pennsylvania mortgage lender license – license # 71003. South
carolina-bfi mortgage lender / servicer license – license # mls – 38232, mls –
38232 otn #1 (dba mboc home loans). Tennessee mortgage license – license #
178934. Texas – sml mortgage banker registration – regulated by the department
of savings and mortgage lending. Utah mortgage entity license – license #
10877496, 10826912, 10827018. Virginia lender license – license # mc-6638.
Washington consumer loan company license – license # cl-38232. Wyoming mortgage
lender/broker license – license # 3912. Nmls consumer access site neither mbanc
nor mortgage bank of california is a chartered bank or trust company, or
depository institution. They are not authorized to accept deposits or trust
accounts and are not licensed or regulated by any state or federal banking
authority.

Apr of 6.627% based on an investment property cash out 60% ltv with a fico of
688 on a positive debt service transaction with 1% origination fee with a loan
amount of 177k apr of 7.757% based on a primary property cash out at 55% ltv
with a fico of 652 on a 24 mo business bank statement transaction with a $9000
origination fee with a loan amount of 605k apr of 7.275% based on an investment
property purchase at 75% ltv with a fico of 762 on a negative debt service
transaction with 1.25% origination fee with a loan amount of 1,269,750 apr of
5.298% based on a primary property purchase at 80% ltv with a fico of 773 on a
12 mo bank statement transaction with a 2% origination fee with a loan amount of
184k the above information is based on specific scenarions. Rates and fees are
subject to change and borrowers must meet guideline criteria to qualify. – heter
iska

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