Synovus


11/20/09 5:00 PM
Synovus
SNV:	$1.68	+ 0.10	+ 6.33%
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Interest-Only Loans - Adjustable and Fixed Rates

ADJUSTABLE RATE

The interest-only ARM provides an adjustable rate for the life of the loan with an interest only loan payment for the first years of the loan.

Who are good candidates for the Interest-Only ARM option?

This is an attractive option for homeowners who are self disciplined, have a good understanding of the time frame they will be in their home and who understand the potential risks.

FIXED RATE

The interest-only fixed rate provides a fixed rate for the life of the loan with an interest-only loan payment for the first years of the loan.The unpaid balance is then fully amortized over the remaining term of the loan.

Who are good candidates for the Interest-Only Fixed Rate option?

This is an attractive option for homeowners who want the stability of a fixed rate but also those who need maximum cash flow and lower monthly payments in the short term.

Additional restrictions may apply. Contact a Synovus Mortgage Loan Professional.
Click here to find one today.

Synovus Mortgage Corporation is an affiliate of Synovus Financial Corp and lends in the states of Alabama, Georgia, Florida, Tennessee and South Carolina. This communication is directed to properties in those states.