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Best Nationwide Loans
19600 Fairchild Road, Suite 290
Irvine, CA 92612
Toll Free: 888-801-3000
Fax: 888-595-7274
E-Mail Us
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Loan Glossary 1- 10/1 ARM Loan
- This 30-year mortgage offers a fixed interest rate for the first 10 years and then turns into a 1-Year Adjustable Rate Mortgage for the remaining 20 years of the loan.
- 1031 Exchange
Section 1031 of the Internal Revenue Code, 26 U.S.C. § 1031, provides: "No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held either for productive use in a trade or business or for investment."
- 107% Home Purchase
- A 107% mortgage is an option for anyone looking to purchase 100% and not paying for closing cost. The 107% mortgage loan is available for owner-occupied properties and second homes.
- 125% Equity Loan
- A loan, usually a mortgage,
with an initial loan amount equal to 125% of the initial property
value. In other words, a 125% loan has a loan-to-value ratio (LTV ratio)
of 125%.
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Today's Rate |
| 5.0% |
| * 5.372% APR. The displayed annual percentage rates (APRs) include total Points and additional prepaid finance charges but do not include other Closing Costs. On adjustable-rate loans, rates are subject to increase over the life of the Loan. |
| Call: 888-801-3000 or Apply Online |
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