CURRENT PROGRAMS OFFERED BY ARBOR MORTGAGE

CONFORMING FIXED RATE

PRODUCTS

30 Year fixed interest rate loans

20 Year fixed interest rate loans

15 Year fixed interest rate loans

10 Year fixed interest rate loans

5 Year fixed interest rate loans

FIRST TIME HOME BUYER LOANS

My Community Mortgage Program - 97% LTV financing, seller pays all buyers closing costs and prepaid charges. Use of gift funds is OK. Reduced MI costs. You can get into a home for as little as 3% of the sale price.

Flex 97 Program - 3% downpayment from many sources, seller can pay all closing costs & prepaid charges. Lower rates than the My Community Mortgage Program, but full MI charges.

Adjustable rate mortgages

10 Year A. R. M. - Fixed for first 10 years

7 Year A. R. M.  - Fixed for first 7 years

5 Year A. R. M.  - Fixed for first 5 years

3 Year A. R. M.  - Fixed for first 3 years

1 Year A. R. M.  - Fixed for first year 

SELF EMPLOYED LOANS

Many loan products available, fixed, adjustable, and interest only.

Please call for these programs

INTEREST ONLY LOAN PRODUCTS

An interest only option can be added to most loan products.

 Please call for details

JUMBO LOAN PRODUCTS

30 Year to 10 year fixed rate products

10 Year to 1 year A.R.M. products

Interest only products

Current jumbo loan limit is $417,001.00