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| 30 year fixed |
| 40 year fixed |
| 1, 2, 5, 7 Year ARM |
| Non conforming (Jumbo) 30 Year fixed |
| Non Conforming 1, 3, 5, 7, Year fixed ( above 421,000 ) |
| Flex Pay ARM |
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30 year fixed
This loan is for those who want the security of a loan product that has a fixed payment for the life of the loan. We also offer this product in an interest only for a little more flexability.
Term: 30 years
Maximum Amount: $321,000
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40 year fixed
Yes its a forty year loan. Fixed for the life of the loan our 40 year fixed gives the borrower a lower payment than our 30 year. We can do this one in an interest only product as well.
Term: 30 years
Maximum Amount: $421,000
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1, 2, 5, 7 Year ARM
Our ARM products are available in 1 year fixed to 7 year fixed. These products are for borrowers that have increasing income in the future. We don't recomend this product for those who are on a relaitivly stable income.
Term: 30 years
Maximum Amount: $421,000
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Non conforming (Jumbo) 30 Year fixed
This loan product is for our customers who need higher loan amounts than our conforming limits ( above 421,000 ) This product is available in a interest only option.
Term: 30 years
Maximum Amount: $1,000,000
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Non Conforming 1, 3, 5, 7, Year fixed ( above 421,000 )
Our Jumbo products are available in the 1, 3, 5, 7, year fixed products. Let one of our Mortgage Loan Specialits discuss these produts with you if you are purchasing a substantial home.
Term: 30 years
Maximum Amount: $1,000,000
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Flex Pay ARM
This loan has 4 differnt payment options. A minimum payment amount, usually based on a 1.25% interest rate for the first year. This gives the borrower the ultimate in payment flexability. This product has the potential to acrue interest. Talk to your Saber Financial loan specialist for all the details.
Term: 30 years
Maximum Amount: $650,000
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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