The Mortgage Outlet's Interest Only Loan Program offers an alternative to traditional mortgage payment structures.
This program helps fluctuating-income borrowers gain payment flexibility with the ability to apply funds toward principal at any time—and can be combined with any of our other specialty programs for a customized mortgage solution.
The Mortgage Outlet is a family-owned mortgage broker and lender offering home purchase and refinance loans for residential properties.
Who Is This Program For?
Fluctuating-income borrowers seeking strategic cash-flow management
Business Owners
Commission Employees
Independent Contractors
Large Bonus Earners
No Tax Returns, W-2s or 1099s
Loan Amounts Up To $2 Million
Loan To Values Up To 90%
Credit Scores Down To 660
Up to 50% Debt To Income Ratios
Purchase, Rate/Term or Cash Out Refinance
No Tax Returns, W-2s or 1099s
Loan Amounts Up To $2 Million
Loan To Values Up To 90%
Credit Scores Down To 660
Up to 50% Debt To Income Ratios
Purchase, Rate/Term or Cash Out Refinance
Eligible Property Types:
- Single Family Residences
- 2-4 Unit
- Condos
- Townhomes
Eligible Occupancy Types:
- Primary Residences
- Second Homes
Eligible Terms:
- 40 yr IO option begins with a 10-year interest-only period and is followed by a 30-year P&I (fully amortized) payment
- 30 yr IO option begins with a 10-year interest-only period and is followed by a 20-year P&I (fully amortized) payment
Why Choose Us?
Trust
Real people. Real support.
In a world full of fakes.
Super Fast
Close your loan in as few
as 10 days—no surprises.
No Junk Fees
Nobody has time for application
or loan processing fees
Our Loan Officers
States We Serve
The Mortgage Outlet is licensed to provide mortgage loans in California, Colorado, Oregon, and Washington. Whether you're buying your first home or refinancing, we’re here to help with local expertise and competitive loan programs tailored to each state.