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designtech

Pay-option ARM for investor property

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1.95% payment, or pay interest only @4.692% investor 1-4 unit. Full Doc: 80% LTV, 90% CLTV or Stated income: 70% LTV, 80% CLTV. Example of payments: $300,000 loan: Option payment - 1101.37, Interest only - 1098.00

30 year amort. - 1554.47, 15 year amort. - 2324.53. the choice is yours each month. Lifetime cap 10.95%. This program allows for cash flow on your rental while it is appreciating. A typical investor property loan is 7% that payment would be 1995.91 a month. The option payment saves you 897.91 a month , or over $10,000 a year!!! Call me for details. (435) 586-4794 Jane Sherman

janesherman@email.com

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