Jumbo 30yr fixed

-Loan amounts up to $3,000,000 with 20% down
-Available for primary and second homes
-The rate quote is based on SFR with a minimum 740 credit score and maximum 43% DTI

Jumbo 7yr ARM
-Time initial rate is fixed 7 years
-Current payment $673.72*
-Current adjusted rate 8.05%**
-Adjusted payment $737.25*
-First payment change cap +5%/ -5%
-Subsequent change cap +1%/ -1%
-Maximum lifetime cap 5% over start rate
-Floor rate 2.75%

* Monthly payments are per $100,000 borrowed and do not include additional costs such as taxes and insurance. Actual monthly payment will be greater.

** Since the index in the future is unknown, the Current Adjusted Interest Rate and Current Adjusted Payment are based on the current index plus the margin at the time of the effective date shown above, and are only an example of what your rate and payment would be if your loan adjustment date was the date shown above. The Adjusted Interest Rate and Adjusted Payment may differ when the term for your initial rate expires. Your mortgage will change on the adjustment dates and will be equal to an index, which is based on the 30 Day Average of the Secured Overnight Funding Rate (SOFR) as published daily by the Federal Reserve Bank of New York, plus a margin of 2.75%. For more information on the SOFR index, please visit the Federal Reserve Bank of New York.
For information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice.

All loans are subject to credit approval. Your actual rate, payment, terms, and costs could be different. Your rate, fees, and terms may differ based on various factors such as: when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, loan to value ratio, etc.