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| 30 year Fixed Rate Conforming |
| 15 year fixed rate conforming |
| Stated Income/ Verified Assets |
| Stated income / Stated assets |
| 2, 3, 5, and 7 year fixed period |
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30 year Fixed Rate Conforming
 Borrowers wanting the security of stable, fixed mortgage payments
Purchase customers who plan to stay in their home for the long term
Borrowers who have a conservative approach towards financing
Borrowers looking for a fast, simple mortgage
Term: 30 years
Maximum Amount: $417,000
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15 year fixed rate conforming
Borrowers wanting the security of stable, fixed mortgage payments
Purchase customers who plan to stay in their home for the long term
Borrowers who have a conservative approach towards financing
Borrowers looking for a fast, simple mortgage
Term: 15 years
Maximum Amount: $417,000
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Stated Income/ Verified Assets
Income is stated and not verified. Perfect for self-employed individuals and salaried borrowers who have additional, un-verifiable income. Assets are verifed. Loan-to-value is up to 100% (certain restrictions apply ie: minimum credit score, etc.)
Self-employed, salaried and commissioned borrowers
Prefer not to document their income levels
Terrific credit and an asset base that obviously demonstrates an income higher than reported
Would normally prefer a fixed-rate loan, but are tempted by the lower rates available on an ARM
Term: 30 years
Maximum Amount: $1,000,000
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Stated income / Stated assets
income and assets are simply stated on application and not verified.
Self-employed, salaried and commissioned borrowers
Prefer not to document their income levels or release financial statements
Terrific credit and an asset base that obviously demonstrates an income higher than reported
Would normally prefer a fixed-rate loan, but are tempted by the lower rates available on an ARM
Term: 30 years
Maximum Amount: $1,000,000
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2, 3, 5, and 7 year fixed period
First-time homeowners looking to move up, yet unsure of how long they'll stay their new home
Borrowers who would normally prefer a fixed-rate loan, but are tempted by the lower rates available on ARMs
New construction customers looking for extended locks
Relocating borrowers seeking short-term security
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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