Home Buyer Special

Option Arms from  1% to 2%

Fixed-rate loan

If you've found a home you plan to live in for 10 to 30 years, consider a fixed-rate loan. It's predictable and stable since the interest rate is set for the full length of the loan. Because the monthly payment stays the same, planning a budget is easier.

Adjustable-rate loan

An adjustable-rate mortgage (ARM) usually starts with a lower initial interest rate than traditional fixed-rate loans. After a set initial payment period (usually 1, 3, 5, 7 or 10 years), the interest rate may change periodically (usually annually or semiannually) based on market conditions. As the rate changes, your monthly payment changes. ARM loans feature an adjustment "cap" or limitation on how much the interest rate can go up or down. This helps limit excessive changes in your monthly payment.

OPTION ARMS    Start from  1% to 2%

OPTION ARM: The Negative Amortization product line consists of Option ARMs tied to either the 12-MTA ,11th District Cost of Funds Index (COFI) or the LIBOR index. Some Option ARM's have "No Negative Amortization" and have low start rates from 1.50%. 

12-MTA index is based on yields published in the release entitled the 揝elected Interest Rates-H15?which is published by the Federal Reserve Board on the first Tuesday of each month.  

COFI is based on the interest paid by savings & loan institutions within the Federal Home Loan Bank, 11th District territory (which is comprised of CA, AZ and NV) on their savings Deposits and money borrowed from other sources.

London Interbank Offered Rate (LIBOR) indexes: The LIBOR (pronounced LIE-bore) tracks the rates at which London banks pay to borrow one another's reserves. It fluctuates more rapidly than the COFI or 12 MAT. The LIBOR is sort of a rough equivalent of the federal funds rate in the United States, but it is set by the market, not a government entity.

Jumbo Loans     

A Jumbo Mortgage Loan is a loan amount > $650,000 and typically goes up to $10,000,000. A standard Jumbo loan is above $417,000 up to $650,000 and we provide both types of loans. These type of loans facilitate the high-end purchase of  expensive homes, vacation homes, investment property and upscale luxury homes. They are quite attractive for primary occupants or investors who want to leverage their assets.

If you are considering a Jumbo Mortgage, then let one of our licensed mortgage professionals help walk you step by step through the loan process. High end financing requires years of experience which is crucial to finding the best mortgage options to suit your needs.

Some of the Jumbo loan programs available are: 

100% financing up to $1,400,000: "Stated Income" 620+ FICO score:

90% financing up to $2,000,000: "Full Doc or Stated" 660+ score:

              Rates from 1.50% on No Neg ARM's

90% up to $2,500,000 ( No Income Verification 680+ FICO score )

80% loan to $4,400,000 ( No Income Verification 680+ FICO score )

Interest only option available on all ARM's, Full Documentation, Stated Income and No Asset, Income or Employment verification options. Terms are on the 6 month, 2 year, 3 year, 5 year, 7 year, or 10 year ARM's, 30 yr Fixed and the 1%