Home Loans in Texas, For Texas Mortgage Companies - Power Lending Group


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LOAN PROGRAMS - ADJUSTABLE RATE MORTGAGE

ADJUSTABLE RATE MORTGAGE (ARM)
The ARM mortgage unlike the fixed rate mortgage is for our clients who would like to minimize their mortgage obligation while diverting the excess funds to other things. These other things can be a second home, 401k, mutual funds, money markets or other investment accounts. These loans are particularly useful for our clients that will either not be in their home for very long or are simply taking advantage of the opportunity to save money. ARM loans are not right for everyone, but just what the doctor ordered for others.
 

3, 5 or 7 year interest only Libor or Treasury ARM (obligated to pay only the interest)
3, 5 or 7 year Libor or Treasury ARM
5 or 7 year Extendable/Balloon
6 month variable based on the COSI (Cost of Savings Index)
1 month ARM
All of these products are fixed for the amount of time that is stipulated (3yr, 5yr, 7yr etc.)

For more information on these or any other products please contact us by email or phone. Again there is absolutely no obligation to explore your options.

 

 
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