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 If you like the current interest rate on fixed rate mortgages, but can't qualify with your current income level, a buydown option may be right for you. Buydown options allow you to pre pay interest over the first three years of the loan, reducing your monthly payment over these initially helping you to qualify. Buy down options are great for people who are expecting raises in the upcoming years. Buy Down Options are only available on conforming loans. Contact one of our consultants to find out more.
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| 3/1 ARM |
5.375% |
| 5/1 ARM |
5.5% |
| 15 Year Fixed |
5.5% |
| 30 Year Fixed |
6.375% |
| 3/1 ARM |
5.375% |
| 5/1 ARM |
5.5% |
| 15 Year Fixed |
5.75% |
| 30 Year Fixed |
6.875% |
 | 7/01/08 6:13pm |
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