Jumbo Fixed Rate Mortgages
With a fixed rate mortgage, the loan the interest rate and your mortgage monthly payments
remain fixed for the period of the loan. Fixed-rate mortgages are available for 30, 25, 20, 15 years and 10
years. Generally, the shorter the term of a loan, the lower the interest rate you could get.
The most popular mortgage terms are 30 and 15 years. With the traditional 30-year fixed rate mortgage
your monthly payments are lower than they would be on a shorter term loan. But if you can afford higher
monthly payments a 15-year fixed-rate mortgage allows you to repay your loan twice as faster and
save more than half the total interest costs of a 30-year loan.
Jumbo Fixed Rate Mortgages |
Jumbo Adjustable Rate Mortgages (ARMs) |
Jumbo Interest Only Mortgages
Jumbo Option ARMs |
Jumbo B/C Lending (Alternative Lending) |
Jumbo Construction Loans
