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low-payment plan mortgages
rate type: fixed or justable
Start with a low introductory payment plan that expires after an initial period (3-5 years).
You are "buying-down" the rate by paying back-end points or adding interest rate charges to your mortgage loan commonly referred to as negative amortization.
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terms for 15- and 30- years |
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select either fixed or ARM |
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select this product for lower introductory payment |
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select this product if you are in high-priced markets |
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select this product if you plan to sell at a capital gain |
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More Loan Information
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