Pick-A-Pay

As a consumer that selects a Pick-a-Pay loan you will receive an easy to read mortgage statement every month. This Pick-a-Pay loan allows you to actually choose the payment amount that best suits your financial situation. You can pay a "Minimum Payment” amount which is similar to a credit card minimum payment in order to free up your cash for other uses. You can make an interest only payment, a 30 Year standard amortization payment or even a 15 year payment to pay off your home more rapidly. This loan also offers a true Biweekly Equity Builder feature that allows you to pay off a 30 year mortgage in about 23 years. In our opinion the pick a pay mortgage is a very attractive option for the right borrower.  That borrower that is self employed or savvy.  These loans have a fixed rate option and now you have the ability to use your mortgage as a financial planning tool.[Apply]