Which St. Casimirs mortgage is right for your family?
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Budget your families goals
Choose the term that is right for you
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Suggested product
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1-3 years
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3/1 ARM, 1 year ARM
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3-5 years
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5/1 ARM – “callable” feature available
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5-7 years
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7/1 ARM
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7-10 years
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10/1 ARM, 30 year fixed or 15 year fixed
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10+ years
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30, 25, 20, 15,10 year fixed
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Prequalification letters available with full application.
Call for details on special properties: mixed use, investment, construction, multi-family.
Many programs available to help you and family meet their family’s financial goals.
VIVA - Standard Conventional
Government Insured and Guaranteed Loan Programs
CDA
All of the acronyms your family may need – call St. Casimirs 410-342-1404
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Program
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Benefits
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Fixed Rate Mortgages
30, 25, 20, 15,10 year fixed
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Monthly payments are fixed over the life of the loan – your rate stays constant until paid in full.
Refinancing is always an option
No prepayment penalties with St. Casimirs
Rate quoted does not change after closing
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Program
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Advantages
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Adjustable Program
10/1 ARM
7/1 ARM
5/1 ARM
3/1 ARM
1 year ARM
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Lower initial monthly payment
Rates and payments may go down if rates improve
May qualify for higher loan amounts
30 year term, no balloon payment
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Program
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Advantages
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First Time Buyer Programs
Home Possible
Affordable Housing 97
Call for counseling requirement
(Prior to you going to contract)
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May be eligible for grants and loans from CDA
(visit) www.morehouse4less.com
Lower down payment
Easier to qualify
Lower rates may be available
Tax benefits are available
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Program
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Advantages
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Stated Income Programs
(SIVA and SISA)
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No Longer Available
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Program
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Advantages
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What is an A- Program
(Less than perfect credit)
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No Longer Available
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Program
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Advantages
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Fixed Home Equity (Second) Mortgage
Ask about our Adjustable options
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Fixed or adjustable payments
Interest may be tax deductible
Get cash out for any purpose
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