Lower Payments
Encore Series - OpenARM
OpenARM is built to help you lower your payments today while keeping more possibilities open for tomorrow.
5/6 & 7/6 ARMs with Interest-Only Option
Why Choose OpenARM
- Lower payments during the interest-only period – giving you more room in your budget
- No MI up to 90% CLTV saves you monthly costs
- Higher loan amounts for bigger possibilities
Key Features
- Primary & Second Home
- Purchase, Rate & Term, and Cash-Out available
- 10-year interest-only period for lower initial payments
- NO mortgage insurance up to 90% CLTV
- First lien position available up to $2.5 million
Flexibility today, opportunity tomorrow!
Bigger Possibilities
Higher loan amounts
Lower Payments
More room in your budget