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3 & 5 Year Interest Only / Amortized Portfolio loans to a loan
amount max of $2,500,000. These qualify on the Interest Only
payment and are one of best selling product lines because of our
portfolio niches.
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6 Month Libor and COFI that have an Interest Only payment that
adjusts every 6 months. Very Low payment with no negative
amortization.
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30 Year conforming fixed rates ( loan amount max $ 417k ). 15
Year, 10 Year, 20 Year, and 40 Year fixed amortized loans that
are all D/U underwritten. Also includes a 10 Year I/O for
conforming.
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Jumbo Conforming fixed 30 & 15 year
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Conforming 3 Year and 5 Year fixed/amortized D/U underwritten
products. This includes a conforming 5 Year Interest
only Libor product.
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1 Year fixed Interest Only / Amortized Portfolio loans that have
a 5 Year Interest Only payment that adjust every year on CMT and
margin. Loan amount max is $2,500,000 and this product may have
a lower 2nd year payment.
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