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First Name
Last Name
Email
Phone
Loan Amount
Check Loan Payments
loan amount
Rate Points APR Payment
Conforming FHA 30 Year Fixed
4.750% 0.0 4.772% $0
Conforming 7 Year ARM
rate not available
Conforming 5 Year ARM
7.250% 0.0 7.275% $0
Conforming 15 Year Fixed
4.375% 0.125 4.431% $0
Conforming FHA 15 Year Fixed
4.500% 0.0 4.537% $0
Non-Conforming 5 Year ARM
rate not available
Non-Conforming 7 Year ARM
rate not available
Conforming 30 Year Fixed
5.000% 0.0 5.022% $0
Non-Conforming 15 Year Fixed
6.250% 0.0 6.289% $0
Non-Conforming 30 Year Fixed
rate not available
MMG Report
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The Institute for Supply Management released its findings for the U.S. service industry and for the third consecutive month there was a contraction in one of the largest segments of the employment picture. The non-manufacturing index rose to 40.7 when...
Choose The Right Loan
Which loan program is right for you?
Whatever your situation may be, we have a loan program just for you.* Whether it's a loan to purchase a home, lower your current monthly payments, pay your bills, or improve your credit, we've got it.

*some qualifications do apply.

Fixed to Adjustable Programs
ADVANTAGES DISADVANTAGES
•  2 and 3 year fixed rate mortgages provide the security and a relatively low fixed interest rate. After the first 2 or 3 years the loan will convert to an adjustable loan in order to obtain a full 30 year fixed loan
•  Allows a borrower 2 to 3 Years to improve their credit
•  Loan will convert to an ARM after the fixed period and payments can increase as rates rise
2 Year Fixed(then ADJ), 3 Year Fixed(then ADJ)
Adjustable Rate Programs
ADVANTAGES DISADVANTAGES
•  Lower initial monthly payment
•  Lower payment over a shorter period of time
•  Rates and payments may go down if rates improve
•  May qualify for higher loan amounts
•  Payments may change over time
•  Potential for higher payments if rates go up
10/1 ARM, 7/1 ARM, 3/1 ARM, 1 Year ARM, 6 Month ARM, 2/28 2 Year Fixed; 28 Year ARM, 1 month ARM
 
No Point No Fee Programs
ADVANTAGES DISADVANTAGES
•  No closing costs
•  Less money required to close
•  Higher rates
•  Higher down payments
 
No/Stated Income/Asset Programs
ADVANTAGES DISADVANTAGES
•  No tax returns or W2's
•  No proof of assets or down payment
•  No verification of income
•  Fast approval
•  Higher rates
•  Higher down payments
  Home Mortgage Exchange
369 W. Main Street Suite E
Alhambra, CA 91801
Phone (626) 281-3400
Fax (626) 281-3410

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