Many of my new clients are purchasing or refinancing homes NOW because they are getting a 7/6 ARM loan, no points, AND $10,000 in rebate towards closing costs.
Don’t waste your money on a 30-year fixed rate, when EVERYONE forecasts long-term rates to drop during the next 1-5 years.
Loan program details:
- 20%+ down payment, 760 FICO to $1 million loan amount
- 7/6 ARM @ 6.00%, no points, 6.591% APR
- Qualify at start rate
- $10,000 rebate towards closing costs*
- Los Angeles, Orange, Riverside, San Diego, San Bernardino, Ventura County residents in CA
Based on $800k loan amount, 760+ FICO, to compare the payments:
- 6.00% rate = $4,796.40 principal & interest payment, $4,959 estimated closing costs
- 7.05% Mortgage News Daily rate = 5,349.31 principal & interest payment
- Savings = $552.91 per month for life of loan versus 7.05% rate
- Savings for 12 months = $6,634.92 + $10,000 closing costs credits = $16,634.92
Call me at 714-310-4162. When you want the BEST loan program at the lowest rate and fees, Dan the Man for Mortgages is the solution.
* If payoff loan within 36 months, payback prorated portion of $10k.
Rave client review:
“Dan Stone has a wealth of knowledge in the financing/mortgage industry. He is very honest and is an outstanding communicator. I attended his Home Buyer Seminar and found it extremely helpful. He was able to find us a way to save $100/month on our loan. Highly recommend working with Dan!” -Karim W.
“Dan Stone has a wealth of knowledge in the financing/mortgage industry. He is very honest and is an outstanding communicator. I attended his Home Buyer Seminar and found it extremely helpful. He was able to find us a way to save $100/month on our loan. Highly recommend working with Dan!” -Karim W.