Terms of 15 or 30 years 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 Rates usually run a little higher

1 month, 6 month, 1 yr, 3 yr,  5 yr, 7yr, and 10 yr fixed term Lower initial monthly payment Lower initial rate than fixed mortgages Rates and payments may go down or up May qualify for higher loan amounts

• Interest only options can be added to any of the above loan terms
• Lower monthly payments for the first 5 or 10 yrs
• Great option if only staying in home for less than 5 yrs
• Can qualify for a higher loan amount

• 100% financing for borrowers who don't have a down payment
• Low or no documentation loans for borrowers who have good credit but a difficult time documenting income, assets or employment history
• Payment Option Arms give the borrower the option to choose from 4 different payment options monthly and start rates as low as 1%
• Construction Loans
• Commercial Loans
• Seconds and HELOCS