What is it?
DirectLenderMatch classifies Interest-Only Residential Mortgage under the financing form “Mortgage.” Its typical use in this directory is: Interest-only payment period before amortization.
How does it work?
The structure is generally evaluated, supported, or secured using the following basis: Residential real estate; borrower profile. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.
What can it be used for?
Interest-only payment period before amortization.
What backs or supports it?
Residential real estate; borrower profile.
Why does this structure exist?
This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.
Important considerations
Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.
Is this actually a loan?
Workbook classification: Yes. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.
Verified lenders or providers
Direct mortgage lender
New American Funding
New American Funding currently offers interest-only mortgages.
Official evidence page →Last verified: 2026-08-23
Direct bank mortgage lender
Flagstar Bank
Flagstar offers jumbo adjustable-rate mortgages with interest-only payment options.
Official evidence page →Last verified: 2026-08-24
Related financing structures
Balloon Residential Mortgage
Amortization with maturity balance due earlier
Conforming Adjustable-Rate Mortgage (ARM)
Purchase/refinance with adjustable rate
Conforming Fixed-Rate Mortgage
Purchase/refinance within conforming limits
Jumbo Mortgage
Loan above conforming limits
Shared-Appreciation Mortgage
Lower cash financing in exchange for appreciation share
VA Purchase Loan
Purchase/build/improve eligible residence