Specialty Program
Interest-Only Loan Options
Financing structures where qualifying borrowers may have an interest-only payment period, depending on the loan program and transaction.
An interest-only structure means that, for a defined period, scheduled payments cover interest rather than reducing principal. Investors sometimes use this structure to manage carrying costs during a project or an early hold period.
Interest-only availability is not universal. It depends on the program, the property and the transaction, and it is not a feature of every WJR Equity Lending financing option.
What This Covers
Why investors consider it
Carrying costs during renovation, lease-up or an early hold period can look different under an interest-only structure.
What changes
Principal is not reduced during the interest-only period, which affects the balance at payoff or refinance.
How it is evaluated
Availability depends on the loan program, the property, the borrower and the overall transaction.
What WJR Will Want to Understand
These details generally help frame the conversation. They are not guaranteed underwriting requirements, and requirements vary by program and transaction.
- Property location and property type
- Purchase price or current value
- Requested financing amount
- Project or hold timeline
- Income the property produces, if applicable
- Planned exit strategy
Tell WJR About the Scenario
Share the property, the borrower and the financing need, and the scenario can be reviewed.
Other Specialty Programs
Working on a deal?
WJR Equity Lending can review your financing scenario and discuss what options may be available for the property, project and exit strategy.