Crestline Funding – Get a Low 5 /1 ARM in California
For over 15 years, Crestline Funding has become one of the premier mortgage lenders in California by providing low interest rates and excellent customer service. Crestline Funding is a direct lender giving it the freedom to make its own interest rates, lending criteria and loan origination fees. Crestline Funding has amongst the lowest rates available on loan products, including 5 /1 ARM loans in California.
About Adjustable Rate Mortgages
Adjustable rate mortgages (ARM) start off with a fixed-rate period which is usually lower than a traditional 30-year fixed loan. The fixed period can be for any length of time, although they are most commonly available for three to ten years. During this fixed-rate term, the borrower will enjoy lower monthly payments and can pay down extra principal if they so choose. Borrowers with a 5/1 ARM in California will enjoy five years of lower mortgage payments. Before the fixed-term ends a borrower may refinance the loan to a fixed rate or they can pay the new, adjusted interest rate. This new rate will be subject to market conditions and can either adjust upwards or downwards.
Advantages to a 5 /1 ARM loan in California:
• Borrowers who pay off their loans before the fixed-rate period ends will save a significant amount of money
• 5/ 1 ARM loans in California are ideal for borrowers looking forward to future increases in income
• If after the fixed-rate term on a 5/ 1 ARM in California expires the rate goes down, the borrower has the potential to save even more money
• A 5/ 1 ARM loan in California allows borrowers extra capital to make improvements to their homes
• A 5 /1 ARM in California is beneficial for borrowers who work on commission or non-salaried jobs who want more flexibility with their monthly payments
Crestline funding – “Your Friend in the Mortgage Business”
Purchasing a new home is one of the biggest decisions one can make in a lifetime. That’s why Crestline Funding pledges to offer the most accurate and responsible advice when it comes to a 5 /1 ARM in California. Crestline Funding has a commitment to perfect customer service and it’s exemplified through its attention to detail and follow up on all customer questions. Plus, Crestline Funding has developed a streamlined funding and approval process that can have people funded in less time than the average big bank.
Ready to experience the Crestline Funding difference? Simply fill out an online contact form during regular business hours and Crestline Funding will get back to you in as little as 20 minutes with your preapproval status.
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