LOAN TYPE: AGENCY (FNMA, FHLMC)
POSITION: 1ST
RATE TYPE: FIXED
PAYMENT TYPE: AMORTIZING
LOAN LIMITS: $484,351 – $726,525
LTV Limits:
INDEX: 10-Yr Treasury
TERMS: 10, 15, 20, 25 & 30 Yrs

ADVANTAGES:
• Superior cash flow to amortizing loans
DISADVANTAGES:
• Higher rates than standard Agency loan products