FIXED RATE PROGRAMS

There are also hybrid programs that give you a fixed rate for 3, 5, 7, or 10 years, BUT BASED ON A 30 YEAR SCHEDULE. THAT'S TO YOUR ADVANTAGE, BECAUSE THEY LOWER YOUR MONTHLY PAYMENT, SOMETIMES BY SEVERAL HUNDRED DOLLARS.

During this REFINANCE BOOM many people are refinancing their homes every few months. LENDERS ARE OFFERING 'NO CLOSING COST LOANS', some of which are still available, but the rate is comparatively higher than a loan with costs. You need to call and compare.

Call 800-782-LOAN or in Alameda County, 510-791-7923.