Interest-Only Mortgage Financing

Pay only the interest on the money borrowed for the first 10 years of the mortgage, allowing you to receive incremental tax benefits and free up cash for other investments and opportunities.

Lending on Properties Owned by a Trust or LLC

BNY Mellon allows for mortgage financing where properties are held in a Trust or LLC.

Rate Discounts

For eligible borrowers, BNY Mellon offers significant discounts off standard mortgage rates based on the level of assets under management and/or deposits.

Mortgage Loan Modification

An expedited alternative to refinancing. For a nominal fee, eligible borrowers can opt to change the interest rate and/or product on their BNY Mellon, N.A. mortgage loan without having to re-underwrite the credit or re-appraise the home.

100% Mortgage Financing Option

Borrow up to 100% of your home’s value by pledging qualified assets held with BNY Mellon in lieu of a cash down payment.

Construction Financing

Enjoy the convenience of a single loan closing with the ability to lock in rates and terms prior to construction rather than after completion.

Second Mortgage Program

For additional cash needs, obtain a second lien loan along with your BNY Mellon, N.A. mortgage, resulting in a lower blended rate and reduced interest costs relative to refinancing.

Mortgage Pre-Approval Program

Apply and get approved for a mortgage prior to selecting a home for purchase. This provides you with peace of mind, improved bargaining power and faster closing.

Hybrid Mortgage Solution

Combine two mortgage products into one closing, resulting in a lower blended rate, manage interest rate risk and improve cash flow.

Mortgage Interest: 90-Day Rule

Homeowners with mortgage financing may have an extremely valuable deduction available to them. If you recently purchased a home without a mortgage, you may want to add leverage to your home to take advantage of the deduction.