Loan Programs

At, you’ll find a variety of loans to choose from. There are several factors to consider when choosing a loan. Do you want the stability of a fixed rate, or are you willing to accept a little more risk in exchange for the lower initial rate of an adjustable mortgage? How long do you plan to stay in your home? How much do you want your monthly payment to be? The following grid outlines the features and benefits of each of our loan programs.

10,15,20 & 30 Year Fixed 5/1 Treasury ARM 3/1 Treasury ARM 1 Year Treasury ARM 2/6 & 3/6 LIBOR ARM 5/6, 7/6 & 10/6 LIBOR ARM Flex Pay 5 & 7 Year Balloon
I want a stable monthly payment XXX XX X     XX   XX
I want to buy as much house as I can   X X XX XX XX XXX XX
I plan to own my house for 5 years   XXX X     XX   XXX
I believe interest rates are likely to fall   X XX XX XXX XXX XXX XX
I believe interest rates are likely to rise XXX              
I need flexible monthly payments             XXX  
I want to avoid negative amortization XXX XXX XXX XXX XXX XXX   XXX
I want the lowest possible payments       X X X XXX X
I plan to refinance within 5 years   XXX X     XX   XXX



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