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What is a hybrid loan in real estate?

A hybrid loan is a mix of two types of loans, specifically a fixed-rate loan and an adjustable-rate mortgage. The term...

What is a hybrid loan?

In short, a hybrid mortgage combines the features of a fixed-rate mortgage and an adjustable-rate mortgage (ARM). A...

What are hybrid rates?

Hybrid loans are a combination of fixed-rate and adjustable-rate loans, most commonly used for mortgage lending. With a...

What does a 5'1 5 arm cap mean?

These limits will determine how much your rate is adjusted every five years. In addition to the different types and terms ...

Why do they call it a hybrid arm?

Combining the features of an adjustable-rate mortgage (ARM) with a fixed-rate mortgage creates an adjustable-rate hybrid...

Are va and fha loan limits the same?

VA Loan: No Loan Limit. When lenders talk about home loan limits, they are referring to complying with loan limits.

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What is the difference between arm and hybrid arm?

An ARM margin is the fixed part of an adjustable-rate mortgage that is added to the floating indexed interest rate. A...

What is a hybrid rate?

An adjustable-rate hybrid mortgage, or hybrid arm (also known as a fixed-period ARM), combines the features of a...

How does a hybrid arm loan differ from other mortgage loans?

A hybrid mortgage is a mortgage loan with a fixed interest rate for a specified period of time, after which the rate is...

What is a hybrid commercial loan?

A hybrid business loan starts with a fixed interest rate over a period of years (usually 3, 5, 7 or. The loan is then...

Is a va loan more strict than an fha loan?

Most lenders will need a minimum credit score of 620 in order to approve you for a VA loan. Conversely, an FHA loan may...

Is a va loan more strict?

The main difference is that the VA has stricter guidelines when it comes to homes. The Department of Veterans Affairs is...

What is a 5'1 hybrid arm loan?

The words “variable” and “adjustable” are often used interchangeably. With a hybrid ARM, the index is established ...

Is an arm loan ever a good idea?

Adjustable-rate mortgages may be a good option for borrowers who plan to finance a property for a relatively short period ...