EASTLAND MORTGAGE is one of the East Coast’s most competitive mortgage companies, based in Long Island, New York since1992. EASTLAND MORTGAGE offers BUSINESS LOANS, commercial, investor, 2nd home, coop, & jumbo commercial loan programs to better service clients. The most popular solution to lowering payments on rising home prices is the Interest only mortgage. This is a low payment mortgage option and is available to lower payments on Loan Products. For emergency loans such as those requiring a bridge loan, hard money or private investor mortgage, interest only may be used to lower the monthly payment.