Flexible Payment Mortgage

Get more house with lower interest only monthly payments.

With a Flexible Payment Mortgage from North Shore Bank, you really can afford more house with lower monthly payments.
  • Loans and terms designed especially for you.
  • Competitive fixed rates up to 60 months with 120 month loan term.

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Who it’s for:

Anyone who wants to save hundreds of dollars a month and still buy the home they really want. Our flexible payment mortgage is available for buying or building a new single-family home or for refinancing a current home. What’s more, when you reduce your principal loan amount, you can lower your future monthly payments even further. It’s the flexible mortgage option that lets you live large and pay small.

What’s in it for you:

  • More house with a lower monthly payment.
  • Option to lower payments further by reducing your principal.
  • Power to borrow up to $425,000.
  • Ability to refinance your current home loan with a cash-out option.

Additional benefits:

What else you should know?

  • A flexible payment mortgage is a 3 or 5-year fixed rate ARM. (Adjustable Rate Mortgage).
  • In addition to our flexible payment mortgage progtam that is designed with you in mind. Our North Shore Bank Mortgage Loan Professionals will be happy to work with you to determine which of our other mortgage loan products may best suit your needs.
  • Learn what documents and information you’ll need to provide to apply for a North Shore Bank loan.

Prequalify or Apply Online 24x7.

 

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