| LOAN
PROGRAM TYPES |
LOAN
PROGRAM DEFINITIONS |
MAXIMUM
LOAN AMOUNTS
|
30, 20 and 15 Year
Conforming Fixed Rate |
Fixed For 30, 20 or 15 Years For
Life Of Loan |
Contact our office
|
| 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
|
| 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
|
| 1 Year Conforming
Treasury Bill ARM |
Fixed For 1 Year; Then Adjusts
Annually |
Contact our office
|
| 6 Month Conforming
LIBOR ARM |
Fixed For 6 Months; Then Adjusts
Every 6 Months |
Contact our office
|
| 30 and 15 Year Jumbo
Fixed Rate |
Fixed For 30 or 15 Years For Life
Of Loan |
Contact our office
|
| 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
|
| 1 Year Jumbo Treasury
Bill ARM |
Fixed For 1 Year; Then Adjusts
Annually |
Contact our office
|
