30% down to $3,000,000 - rates starting at 3.75% (3.843% APR)
7/1 ARM - 2/2/5 Adjustments (1 Yr LIBOR + 2.25%)
20% down to $2,000,000 - rates starting at 3.875% (3.969% APR)
7/1 ARM - 2/2/5 Adjustments (1 Yr LIBOR + 2.25%)
10% down to $3,000,000 - starting at 5.75% (5.856% APR)
30 Year Fixed, No MI
5% down to $2,000,000 - starting at 5.99%
(6.097% APR)
30 Year Fixed, No MI
***Terms outlined above are intended for broker use only and are not guaranteed. Assumptions include 2nd home, 740 FICO score, 41% DTI, 1% origination fee and additional underwriting criteria.
