The Option ARM products offered today represent the best our industry has had to offer over the last twenty years. We started way back with the traditional 30 year fixed mortgage and from there we moved to adjustable mortgages, and then on too interest only products.

With the price of homes in California the mortgage industry had to come up with a product that would help people to afford the prices of homes in our area. This product allows the customer to utilize their mortgage as a cash flow tool. The option ARM offers four different payments to choose from each month. The program offers a fixed rate for five years at 1.25% along with an interest only option, 15-year option and a 30-year payment, the last three payments are fully amortized at an interest rate of  3.85%.

Utilize the equity builder option by making 26 biweekly payments each year to pay off your loan sooner and at the same time save thousands of dollars in interest over the life of the loan.

BENEFITS

Increased cash flow. Monthly savings allow clients to address other financial needs, such as retirement planning, investments, or monthly bills.

Financial flexibility and control. Clients select their initial minimum payment and may have up to four different payment choices each month.

Greater buying power. Customers can purchase the home of their dreams and still meet their monthly budget.

A complete financial solution. With the flexibility of the payments the loan enables each client to fulfill multiple financial goals with one unique product.

Frequently Asked Questions:

Q: I want to buy a home, but with the current high prices, I’m worried. How will I be able to meet my other financial obligations?

A: The Option-ARM is a great new option that gives the buyers the power to choose a lower initial monthly payment in order to improve their cash flow.

Q: Why is this better than a fixed rate loan?

A: A fixed rate loan carries a higher interest high and requires a higher payment every month: The increased cash flow provided by the Option- ARM helps the customer take care of other, more pressing financial needs. This type of flexibility is not available with a traditional fixed rate.