Loan Definitions

Contents Standard insurance industry terms Home equity line Lender. 5. interest paid Washington 40-year fixed jumbo Illustrated definition of Loan: Money (or property) given with the promise that it will be paid back in the future, usually with interest. In. Definitions. This is a page with a list of terms Read more…

Interest Only Jumbo Mortgages

Contents Jumbo 30-year fixed-rate Adjustable-rate mortgage (arm) loan Adjustable-rate mortgage (arm Fixed-rate loans. discount Initial xed-rate period We offer both conforming and jumbo interest-only mortgages. The maximum loan limit for conforming loans is typically $484,350, though the loan limit can vary by state and county. Jumbo loans are for amounts Read more…

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