What is Interest Only Loan?

An interest-only mortgage is a type in which the mortgagor (the borrower) is required to pay only the interest on the loan for a certain period. The principal is repaid either in a lump sum at a specified date or in subsequent payments.

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Someone will reach out to you within 24 hours to talk to you about your funding scenario.

AH Lend Home renovation cta 1
Once Julie and Tim took over my two properties deal for refinance, they worked tirelessly to push everything through within 2 weeks time. Awesome experience, friendly knowledgeable people that care about helping you and your needs. Julie, Tim, and Spencer are great people to work with, thank you so much for working with me.. Truly a pleasurable experience!

Benefits of Working With Us

  • Direct Refinance LenderDirect Refinance Lender
  • Minimal DocumentationMinimal Documentation
  • Closes as Quickly as 14 DaysCloses as Quickly as 14 Days
  • No Pre-Payment Penalty AvailableNo Pre-Payment Penalty Available
  • In House UnderwritingIn House Underwriting
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Program Criteria


Score and background check


$100K – $10MM+ non-owner occupied property


2 months of recent bank statements


Fix & Flip Expierenced Required

States We Lend In

Looking for lending in a state not listed? We do lend in other states on a case-by-case scenario. Give us a call to see what we can do for you.

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AH Lend Home renovation cta 2
AHL is an outstanding company. They actually execute on their promises. I had the pleasure of working directly with Jessica Reynolds. She is knowledgeable and efficient. It was my first time getting a rental loan and she was extremely patient with me. She was by my side every step of the way.

Property Types We Fund

We lend on Single-Family Residences, 2 to 4 Units, Townhomes, Planned Unit Developments, or Condominiums. All properties must be non-owner occupied.

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An interest-only mortgage is one where you solely make interest payments for the first several years of the loan, as opposed to your payments, including both principal and interest. Interest-only payments may be made for a specified time period, may be given as an option, or may last throughout the duration of the loan (mandating you pay it all back at the end).

Financing a property with interest-only loans is a quick and straightforward process for an experienced lender like American Heritage Lending.


PROPERTY TYPESSingle family, condos, townhomes, 2-4 units
LOAN AMOUNTS$75,000 – $3,000,000
TERMUp to 40 year term, with 10 year interest only payments
LOANS AVAILABLELoans are available to individuals with or without stated income, trusts, corporations, and limited partnerships.


Interest-only mortgages reduce the required monthly payment for a mortgage borrower by excluding the principal portion from a payment. Homebuyers have the advantage of increased cash flow and greater support for managing monthly expenses. For first-time home buyers, an interest-only mortgage also allows them to defer large payments into future years when they expect their income to be higher. American Heritage Lending helps its clients qualify for loans without the traditional income qualification standards.

  • Free and Clear PropertyFree and Clear Property
  • Purchasing another propertyPurchasing another property
  • Crossing another PropertyCrossing another Property
  • Crossing another PropertyCrossing another Property
  • Paying for Tenant ImprovementsPaying for Tenant Improvements
  • Paying for Rehab Work on a Distressed PropertyPaying for Rehab Work on a Distressed Property
AH Lend Interest Only


Many buyers will likely have difficulty getting loans through a traditional lender like a bank or credit union. With American Heritage Lending, we offer you a variety of financing solutions to fit your needs.

We understand the need to move quickly when opportunities arise. Our application, appraisal, and approval process can be accomplished in just a few days to ensure you can negotiate effectively with the property holder.

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An interest-only mortgage is a type in which the mortgagor (the borrower) is required to pay only the interest on the loan for a certain period. The principal is repaid either in a lump sum at a specified date or in subsequent payments.

Borrowers should estimate their expected future cash flow to ensure they can meet the more considerable monthly obligations and pay off the loan when required. While interest-only mortgage loans can be convenient for several reasons, they may also add to default risk.

Now You’re Talking to The Right Lender!

Get started today. Simply check a few boxes on the form above, and we’ll contact you to explain the options available. No cost. No obligation. Completely confidential.