|
|
| |
 |
| ADJUSTABLE RATE MORTGAGES |
|
Adjustable-rate mortgages feature rates that periodically adjust, typically every year, based on a market index. Adjustable Rate Mortgages offer protection from steep increases in rates through annual and lifetime adjustment caps and an initial fixed rate that can be locked in for different introductory periods.
Bay Financial Adjustable Rate Mortgages:
- 1 month, 6 month, 1, 2, 3, 5, and 7 year fixed introductory periods available
- Loans up to $333,700
- 100% LTV available
- Interest only options
- Stated and No Income options
- Credit scores down to 520
- Investment properties OK
- Rates are usually lower than with fixed rate mortgages
|
|
|
|
|
| |
|
|
| |
|
|
