10 Year Fixed Jumbo Rates

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The Ten Year Fully Amortized Fixed Rate Jumbo Mortgage

The loan amortizes over one hundred twenty months (120 months). A non conforming long-term, fixed-rate, level-payment loan amortized over 10 years. The ten year loan pays your mortgage in two-thirds the time of the 30 year fixed . It may make financial sense to pay points on this loan. The loan is not assumable and no prepayment penalty. Consumers like the stability of this loan. As the interest rate market fluctuates the payment on this loan remains fixed at the original interest rate. 30, 20, and 15 Year Fully Amortized loans also available.
 

The 10 year fully amortized, is the fastest scheduled payoff in the market. There is also a 10/1 ARM, fixed for the first ten years and then adjusts next 20 years. Another option is the 10/1 ARM Interest Only that has a 30 year term, interest only payments or more for the first ten years, then fully amortized over next twenty years.

California properties only.

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California Department of Real Estate, real estate broker. Equal Housing Lender.