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| 30 year fixed rate |
| Home Equity Line of Credit |
| Alt A |
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30 year fixed rate
This is the most popular loan program right now due to the low rates. Then you never have to worry about your payment raising or refinancing in the future.
Term: 30 years
Maximum Amount: $417,000
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Home Equity Line of Credit
The rate and the amount of this type of loan is determined by the equity you have in your home. The rate adjust accourding to the prime rate. So it can adjust every quarter.
Term: 30 years
Maximum Amount: $500,000
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Alt A
This is a loan product for the people that do not have perfect credit or needs to not verify income. It comes in a fixed rate mortgage or an adjustable rate mortgage.
Term: 30 years
Maximum Amount: $1,000,000
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $4,170. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $10,000. Your actual APR may be different depending upon these factors.
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