• Lower monthly payments - Take advantage of the lowest california mortgage rate in recent history to lower your monthly payment.
• Debt Consolidation Loan- Combine high interest debt into one easy to manage payment that can offer substantial savings to your bottom line while saving you even more money on your income tax.
• Cash Out - Get cash to pay off existing credit card debt or remodel your home. You can leverage the power of a new home mortgage loan for virtually anything.
• Horizon Direct is a direct lender - we have our own underwriting, processing, banking, and escrow staff giving us the ability to deliver a superior loan for first time home buyer designed to meet your particular needs. The net result is that Horizon Direct can get you your money fast.
• Credit History or Employment Status - regardless of a bad credit history (tax liens, low credit score, or even bankruptcy) or your employment status (retired, self-employed, or recent job change) Horizon Direct has loan programs designed for your specific needs.

This program is the most unique of all programs. This california mortgage loan automatically lowers your interest rate every year for the next four years. Usually a California, Oregon or Colorado mortgage company sells you loans that adjust upwards. At Horizon Direct our interest rates adjust downwards which can save you thousands over the course of your loan. Nobody has a better Product!

Interest Only Loan for Oregon & California Home Equity Loan Refinancing

Get the Lowest Payment Possible : Horizon Directs Interest-Only california refinance program allows you to pay only the interest on your loan. You pay nothing else*. In many cases, you can save hundreds of dollars per month on your mortgage payment as opposed to a countrywide mortgage - which can make a serious difference in your quality of living. Home values have been increasing by up to 20% per year, meaning that your house is building home equity for even a bad credit loan on its own. Why pay more than you have to when you can put the extra money into your pocket every month!

*Your refinance or ( oregon home equity loan ) principle repayment is due at end of term - does not include taxes, insurance, etc.

Lock in todays historically low interest rates even on Save on all those junk fees too. Convert your current ARM into a fixed rate with consistent payments.

Reduce your monthly mortgage payments by refinancing at a lower rate. Another reason for an ARM is to reduce your loan term or loan payments.