First Time Homebuyer Program 7/1 ARM
As of March 28, 2017
- Payments do not include taxes or insurance.
- The actual payment may be greater.
*Annual Percentage Rate (APR) is based upon a 20% down-payment and a $200,000 mortgage amount. The actual interest rate and fees available to you will be based on your credit history and may be different than the rates displayed here. Rate available for owner occupied single family or two family residences. PMI is required for loans with less than a 20% down payment. Payments do not include taxes or insurance. Property insurance and tax escrow required. The actual payment may be greater. Due to market fluctuations, interest rates are subject to change at any time and without notice. Rates may increase after consummation. Monthly payments based on a 30 year term. Caps are 2% per adjustment 6% lifetime. Maximum loan amount $500,000.