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7/23 Jumbo Balloon
MAXIMUM Loan to Value:
purchase: 90%
refinance: 90%
cash out: varies
30 Year Amortization Rate is fixed for seven years then adjusts
each year based on the 1 Year Treasury+ 2.75%.
PROGRAM STRENGTHS:
At times has a lower rate than the 30 Year fixed.
PROGRAM DRAWBACKS:
The spread between the 30 year fixed and 7/1Arm
is usually not that dramatic.
RECOMMENDATIONS:
If you plan on being in your loan for seven years or less, want a
low rate, and are insistent on an ARM.
Interest Rates
We offer you wholesale
rates that are to low to advertise...
This is
not a joke... We guarantee it.
Please call
and let us prove it to you!
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