The Right Loan
Purchasing a home is the single largest expenditure you will make. Therefore, the financing of your home should be managed with great consideration.
There are many different loan products available today and it is often difficult to pick the one best suited toward your financial goals. By answering the following questions, you'll get a feel for the best loan for your financial situation
Length Of Stay In Property |
Loan Programs To Consider |
1-3 Years |
1 or 3-Year Adjustable Rate Mortgage (ARM) or even 5 Yr Fixed . Note: Sometimes 5 Yr. Fixed program has better rate Than 1-3 Yr. Fixed. |
4-6 Years |
5- or 7-Year ARM; |
7 Years |
10-Year ARM; |
Note: It is also a good idea that if you are planning to stay in the property for short period of time, consider the Interest Only payment program.
Financial Goal |
Loan Programs To Consider |
Equity Buildup |
15- or 20-Year Fixed |
Minimize Payment |
1-, 3-, 5-, or 7-Year ARM; 30-Year Fixed |
Risk Toleration |
Loan Programs To Consider |
Uncomfortable With Vulnerability To Interest Rate Fluctuations |
|
Comfortable With Market Changes |
1-, 3-, 5-, or 7-Year ARM; |
If you want to seek our professional advice about the right loan for you, please Contact us through email: broker@premierfundingloans.com or call us at 510-279-7715


