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Hard Money & Private Lending Program Highlights

posted Feb 12, 2012, 9:59 AM by Massey Kouhssari
Years you plan to stay in the homeRecommended program
1-3 years
3/1 ARM, 1 year ARM or 6 month ARM
3-5 years
5/1 ARM
5-7 years
7/1 ARM
7-10 years
10/1 ARM, 30 year fixed or 15 year fixed
10+ years
30 year fixed or 15 year fixed
RATES As Low As
5.95%

Loan ProgramAdvantagesDisadvantages
Fixed Rate Mortgages
  • 30 year fixed
  • 15 year fixed
  • subject to investor guidelines
  • limited to conditions
  • Monthly payments are fixed over the life of the loan
  • Interest rate does not change
  • Protected if rates go up
  • Can refinance if rates go down
  • Higher interest rate
  • Higher mortgage payments
  • Rate does not drop if interest rates improve
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