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Best Nationwide Loans
620 NewPort Center Drive, Suite 1100
NewPort Beach, CA 92660
Toll Free: 888-801-3000
Fax: 949-313-1292
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RD Glossary - LIBOR Loan
A LIBOR Loan is an Adjustable Rate Mortgage (ARM) that adjusts based on a specified LIBOR index. LIBOR stands for "London Interbank Offered Rate", which is the interest rate offered by many London Banks for dollar deposits. These deposits (and thus the indexes) are generally 1, 3, 6 or 12 months.
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Today's Rate |
4.625%
Fixed Rate |
| * 4.881% 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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