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Option Arm Loan Benefits | Option Arm Loan Fixed Loan | Mortgage Calculator
FIXED START RATES FOR 5 AND 10 YEARS
5 Year Fixed. The Option 5 Hybrid Advantage is a Fixed Interest Rate for 5 years with a 2.95% Pay Rate for the first 60 months.
Key Points:
- Pay Rates as low as 2.95%!
- 30 and 40 Year Payment Calculations available!
- Good for Purchases or Refinances!
- Unlimited cash out up to 80% LTV on Refinances!
- Reduced Doc (Stated Income) or Full Documentation!
- Owner Occupied and Non-Owner Occupied properties!
10 Year Fixed. The 10-10 Advantage is a 10 Year Fixed Pay Rate Neg. Am. Loan. (currently not available)
Key Points:
- Pay Rates as low as 3.5%!
- 30 and 40 Year Amortization available!
- Good for Purchases or Refinances!
- Unlimited cash out up to 80% LTV on Refinances!
- Reduced Doc options available in most cases!
- Owner Occupied properties only!
- Minimum FICO score of 620!
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