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LOAN PROGRAM TYPES
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LOAN PROGRAM DEFINITIONS
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MAXIMUM LOAN AMOUNTS
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| 30, 20 and 15 Year Conforming Fixed Rate |
Fixed For 30, 20 or 15 Years For Life Of Loan |
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| 7-23 and 5-25 Conforming Extendable Balloon | Fixed For 7 or 5 Years; Then Option To Refinance For Remaining 23 or 25 Years |
Contact our office
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| 10/1, 7/1, 5/1 and 3/1 Conforming ARM | Fixed For 10, 7, 5 or 3 Years; Then Converts To 1 Year Treasury Bill ARM |
Contact our office
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| 1 Year Conforming Treasury Bill ARM | Fixed For 1 Year; Then Adjusts Annually |
Contact our office
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| 6 Month Conforming LIBOR ARM | Fixed For 6 Months; Then Adjusts Every 6 Months |
Contact our office
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| 30 and 15 Year Jumbo Fixed Rate | Fixed For 30 or 15 Years For Life Of Loan |
Contact our office
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| 10/1, 7/1, 5/1 and 3/1 Jumbo ARM | Fixed For 10, 7, 5 or 3 Years; Then Converts To 1 Year Treasury Bill ARM |
Contact our office
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| 1 Year Jumbo Treasury Bill ARM | Fixed For 1 Year; Then Adjusts Annually |
Contact our office
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| Equal Housing Lender.
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