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SecureMyEquity.com offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide: 30 year fixed, 5/1, 7/1, 15 year, Option payment mortgages, Interest Only, almost everything! Gives us a call and we will go through all of your options.

What are Some of the Different Types of Mortgage Programs?

There are several types of adjustable rate and fixed rate mortgage loans. Here are some of the more common loans:

30-Year Fixed Rate Mortgage - This is a conventional mortgage which provides for a fixed interest rate and level payments for the 30-year life of the loan.

15-Year Fixed Rate Mortgage - The 15-year loan is a conventional mortage in which the borrower will pay fixed monthly payments for the life of the loan. With a 15-year loan, payments are higher than a 30-year loan, but the loan is paid off much faster.

1, 3, 5, 7, 10 Adjustable Rate Mortgages - These types of mortgage programs allow you to carry a fixed interest rate for a specified amount of time. Once that time is up, you will assume an adjustable rate for remaining life of the loan. For example, if you choose a 3 year adjustable rate mortgage, you would have a fixed interest rate for the first three years of the loan and an adjustable rate for the remaining years.

10/1, 7/1, 5/1, 3/1 Treasury ARMs - These loans provide for a fixed interest rate for a specified amount of time. After that you pay a variable interest rate with annual adjustments. For example, if you selected a 10/1 Treasury ARM loan, you would have a fixed interest rate and fixed monthly payments for the first 10 years of the loan. The remaining life of the loan would assume a variable rate annually.

3-Year, 1-Year, 6-Month Treasury ARMs - This type of loan applies adjustments to the interest rate payments in various ways. For example, if you selected the 6-month option, your interest rate would adjust every six months. In comparison, if you selected the 3-year option, your interest rate would adjust every 36 months.

Jumbo Loan Programs - These mortgages allow you to borrow more than an amount set by the Federal National Mortgage Association. Loan amounts over $417,000 are considered a Jumbo Loan.

Conventional Loan Programs - Any loan that allows you to borrow within the amount set by theFederal National Mortgage Association. Currently, loans under $417,000.

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Secure My Equity

Irvine, CA 92604

Local: 949.667.2344

Toll Free: 1877.679.2630

Fax: 949-679-9889

Email: info@securemyequity.com