Lower My Rate
You don’t have to wait for the right time and rate to refinance you loan! Caliver Beach has access to direct lending products, and access to 47 different lenders. We pass on the savings from our high-volume loan discounts and incentives to our customers. So anytime is the right time to refinance.
You Do Not Have To Wait to Get a Lower Rate
Homeowners should know that the 30-year-fixed loans, aren’t for everyone. Many people are not enjoying the lowest-rate loan for their unique situation. With a Caliver Beach loan assessment, you’ll know about a wide variety of lower-interest loans that are best-suited for you.
|Loan Program *||What Is It For?|
|Basic fixed-rate loans. Rate stays the same over the life of the loan (30, 25, 20, 15, & 10 year terms)||People who plan to stay in their homes a long time and who want the security of a fixed payment.|
|Fixed rate, interest-only option. Rate stays the same over the life of the loan (30, 25, & 20 year terms) with only interest paid in the first 10 years.||People who plan to stay in their homes a long time, but need a lower down payment or want to buy more home.|
|Fixed rate, no down payment loans. Up to 107% financing (e.g., purchase price plus closing costs).||People who don’t have a down payment, or who want to avoid up front costs.|
|Basic adjustable rate mortgage (ARM). Fixed rate for a term (3, 5, 7, or 10 years), then adjusts annually, based on a financial index.||People who expect to move or refinance in a shorter period of time and/or who want a lower payment or want to buy more home. Ideal for “starter” homes.|
|High loan-to-value with no mortgage insurance. Adds traditional mortgage insurance to the interest rate, which can be tax deductible. (Ask your tax advisor.)||People with a minimum down payment and who want to avoid paying traditional mortgage insurance.|
|First mortgage plus a home equity line of credit (HELOC). Combining a down payment, 1st mortgage, and HELOC to avoid mortgage insurance.||People with a minimum down payment and want to avoid paying mortgage insurance.|
|Nonconforming/Jumbo loans.||People who need to borrow more than $417,000.|
|Super-Jumbo loans||People who need to borrow more than $650,000.|
* For qualified applicants. Void where prohibited. Not available in all states. Rates, terms, and conditions subject to change without notice.