|
LOAN PROGRAM TYPES |
LOAN PROGRAM DEFINITIONS |
MAXIMUM LOAN AMOUNTS |
30, 20 and 15 Year
Conforming Fixed Rate |
Fixed For 30, 20 or 15 Years For Life Of Loan |
Contact us at:
progua@ukr.net
or 919.785.7176
|
| 7-23 and 5-25 Conforming Extendable Balloon |
Fixed For 7 or 5 Years; Then Option To Refinance For
Remaining 23 or 25 Years |
Contact us at:
progua@ukr.net
or 919.785.7176
|
| 10/1, 7/1, 5/1 and 3/1 Conforming ARM |
Fixed For 10, 7, 5 or 3 Years; Then Converts To 1 Year
Treasury Bill ARM |
Contact us at:
progua@ukr.net
or 919.785.7176
|
| 1 Year Conforming Treasury Bill ARM |
Fixed For 1 Year; Then Adjusts Annually |
Contact us at:
progua@ukr.net
or 919.785.7176
|
| 6 Month Conforming LIBOR ARM |
Fixed For 6 Months; Then Adjusts Every 6 Months |
Contact us at:
progua@ukr.net
or 919.785.7176
|
| 30 and 15 Year Jumbo Fixed Rate |
Fixed For 30 or 15 Years For Life Of Loan |
Contact us at:
progua@ukr.net
or 919.785.7176 |
| 10/1, 7/1, 5/1 and 3/1 Jumbo ARM |
Fixed For 10, 7, 5 or 3 Years; Then Converts To 1 Year
Treasury Bill ARM |
Contact us at:
progua@ukr.net
or 919.785.7176 |
| 1 Year Jumbo Treasury Bill ARM |
Fixed For 1 Year; Then Adjusts Annually |
Contact us at:
progua@ukr.net
or 919.785.7176 |
