10/1 jumbo ARM
large loans don’t have to come with high rates
I can't say enough about your professionalism, honesty, and great service. You can bet that if I proceed with a purchase, you will be my first call. I hope I get the opportunity to refer some business your way.
-Rob
the perfect loan for
big spenders and savvy strategists
If you’re not a stay-put-for-30-years kind of person, why settle for a higher 30-year-fixed interest rate?
Enter our 10/1 Jumbo ARM. It covers loan amounts over $484,350 (or $726,525 in high-cost areas) while providing you with an extra low rate for the first 10 years. After that, the rate resets, adjusting to reflect market conditions for the remainder of the loan. This makes it the smartest choice out there for borrowers who see themselves moving within the next 10 years.
Finance your for-now home with a 10/1 Jumbo ARM.
the benefits
- Financing available up to $5,000,000
- No private mortgage insurance on loans with a loan-to-value as high as 90%*
- An extra low interest rate
- No pre-payment penalties, ever
the requirements
- A down payment of at least 10%
- A credit score of at least 580
- A debt to income ratio under 50%
- Proof of steady income or employment
- At least 6 months of reserves
*Qualified borrowers only.
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