Loan Purpose
- Purchase
- Rate/Term Refinance
- Cash-Out Refinance
Loan Term
- 5/6 DEF INT (Interest Only) SOFR ARM
Loan Amount
Loan to Value (LTV)
- Up to 80% (Purchase / Rate & Term)
- Up to 75% (Cash-Out)
Minimum Credit Score
Property Type
- Primary Residence
- Second Home
- Investment
Eligible Property Types
Eligible Borrowers
- U.S. Citizens / Permanent Resident Aliens
Key Features & Detail
- Interest Only & Deferred Int. for first 5 years, then fully amortized for remaining 25 year term
- CA, FL, and NY Properties Only