| 1-Year Treasury ARM |
| Description: This loan type has a fixed rate for the first year. The rate may adjust once every 12 months based
on changes in the weekly average yield of U.S. Treasury securities for the full 30 year term of the loan.
Benefits: The 1-Year Treasury ARM allows you to pay a lower interest rate than a traditional 30 year loan. Adjustable rate mortgages are among our most popular loans because they help you qualify for a larger home, maximize cashflow, there is no negative amortization, and your loan may be assumable. To Consider: The rate may adjust once every 12 months based on changes in the weekly average yield of U.S. Treasury securities for the full 30-year term of the loan. |
| For information about 1-Year Treasury ARM loan program, please contact us |