Mortgage Rates Plus provides unique home financing rates for payment option ARM loans that provide negative amortization rates starting at 1.5% for the deferment period using the MTA, COFI and COSI index choices for margin adjustments. Mortgage Rates Plus posts neg-am mortgage rates for potential borrowers searching for low payment home financing options online. Pay option ARM’s have become so popular because these loan increase the initial affordability for most homeowners.

• Fixed Rate Payment Option
• Interest Only Option
• Negative Amortization Option
• Mortgage Rates starting at 1.5%
• Option ARM’s for Jumbo and Conforming

First time homebuyers are able to get approved for home financing that may be a few hundred thousand over their budget. These home loans need to be used with caution and applicants should be fully aware of how these home mortgages work. The 1.5% interest rate is the payment option that factors a negative amortization that increases the principal balance of the money borrowed. The interest is not 1.% for the entire term rather just the initial period and the mortgage interest is deferred and added to entire mortgage at the end of the year.

We will refer you to lenders who are licensed and approved to finance payment option loans for home purchasing and refinancing. If you want a a low payment mortgage, then consider the pay option loan with the 1.5% intro mortgage rate. We have provided a loan quote form that is easy to submit.