Disclaimer

Not all people will qualify for all products.

Rates and terms subject to change without notice. No Costs and No Doc loan may not be available in all situations depending on loan amount, credit history, income, equity situation of borrower, state located in or any other situation that may apply. This is not a commitment to lend. Refinancing or taking out a home equity line of credit may increase the total number of monthly payments. OPTIONARMCONSULTANTS.COM and it affiliates can lend in most US states. Some products may not be available in all states. Home mortgages subject to credit review and approval. Properties securing all loans must be located in the U.S.

For purposes of the web-site, any time the word “Amortization” appears on the site on any page; the following applies: being it is an option arm amortized loan (“Pay Option ARM”, “Flex Pay”, “Neg-Am Loan”, etc.); the word “Amortization” indicates only the time period that the option arm amortized payment (“Fixed Minimum Payment) is calculated at using a common amortization scale, book or calculator. It in no means whatsoever, indicate that a payment based on 0.50%, 1.0% or 1.25% or any applicable rate for the option arm amortized payment will both deplete principal and interest.

The annual percentage rate on an Option ARM loan varies dramatically depending on the type of product, points financed, prepayment penalty term, etc. The average annual percentage rate in our product line ranges from 7.5% to 8.5% based on the above mentioned criteria plus daily and / or monthly fluctuation of interest rates. Please contact your loan representative to supply you with your actual annual percentage rate based for your specific loan product and terms per your request.