The 30 year fixed rate mortgage has a constant interest rate and monthly principal and interest payments for the life of the loan.  This is the most traditional loan program.

2/1 and other Buydown options available.  Stated Income Options available. 

The 20-year fixed rate mortgage offers a constant interest rate and monthly principal and interest payment for the life of the loan.

This loan is fully amortized over a 15-year period and features constant monthly principal and interest payments. It offers all the advantages of the 30-year loan, plus a lower interest rate -- and you'll own your home twice as fast!

Call your Loan Officer for 10 year fixed rates! Stated Income Options available.

This loan program is also available in an Interest Only payment option, call your Loan Officer today for details and rates.

The 1 year  ARM has a fixed interest rate for the first one year.  The monthly principal payment and interest will remain the constant during the one year, then it converts to the adjustable rate portion for the remaining 29 years, at then current market rates plus the margin.

The 3/1 ARM has a fixed interest rate for the first three years.  The monthly principal payment and interest will remain constant during those three years, then it converts to an annual adjustable rate for the remaining 27 years, at then current market rates plus the margin.

Derivitives: 3/6 ARM - 6 month adjustment period after initial 3 years.

This loan program is also available in an Interest Only payment option. Call your Loan Officer today for details and rates!

The 5/1 ARM has a fixed interest rate for the first five years.  The monthly principal payment and interest will remain constant during those five years, then it converts to an annual adjustable rate for the remaining 25 years, at then current market rates plus the margin.

Derivitives: 5/6 ARM - 6 month adjustment period after the intial 5 years

This loan program is also available in an Interest Only payment option. Call your Loan Officer today for details and rates!

The 7/1 ARM has a fixed interest rate for the first seven years.  The monthly principal payment and interest will remain constant during those seven years, then it converts to an annual adjustable rate for the remaining 23 years, at then current market rates plus the margin.

Derivitives: 7/6 ARM - 6 month adjustable after the initial 7 years

This loan program is also available in an Interest Only payment option. Call your Loan Officer today for details and rates!

The 10/1 ARM has a fixed interest rate for the first ten years.  The monthly principal payment and interest will remain constant during those ten years, then it converts to an annual adjustable rate for the remaining 20 years, at then current market rates plus the margin.

 Derivitives: 10/6 ARM - 6 month adjustable after the initial 10 years

This loan program is also available in an Interest Only payment option, call your Loan Officer today for details and rates.

The Jumbo 30 year fixed rate mortgage has a constant interest rate and monthly principal and interest payments for the life of the loan. 

If your Loan amount is over $650,000.00 call your Loan Officer for rates.

This loan is fully amortized over a 15-year period and features constant monthly principal and interest payments. It offers all the advantages of the 30-year loan, plus a lower interest rate -- and you'll own your home twice as fast!

If your Loan amount is over $650,000.00 call your Loan Officer for rates.

The Jumbo 3/1 ARM has a fixed interest rate for the first three years.  The monthly principal payment and interest will remain constant during those three years, then it converts to an annual adjustable rate for the remaining 27 years, at then current market rates plus the margin.

This loan program is also available in an Interest Only payment option. Call your Loan Officer today for details and rates!

If your Loan amount is over $650,000.00 call your Loan Officer for rates.

The Jumbo 5/1 ARM has a fixed interest rate for the first five years.  The monthly principal payment and interest will remain constant during those five years, then it converts to an annual adjustable rate for the remaining 25 years, at then current market rates plus the margin.

Derivitives: 5/6 ARM - 6 month adjustable after the initial 5 years

This loan program is also available in an Interest Only payment option. Call your Loan Officer today for details and rates!

If your Loan amount is over $650,000.00 call your Loan Officer for rates.

The Jumbo 7/1 ARM has a fixed interest rate for the first seven years.  The monthly principal payment and interest will remain constant during those seven years, then it converts to an annual adjustable rate for the remaining 23 years, at then current market rates plus the margin.

Derivitives: 7/6 ARM - 6 month adjustable after initial 7 years

This loan program is also available in an Interest Only payment option. Call your Loan Officer today for details and rates!

If your Loan amount is over $650,000.00 call your Loan Officer for rates.

The Jumbo 10/1 ARM has a fixed interest rate for the first ten years.  The monthly principal payment and interest will remain constant durning those ten years, then it converts to an annual adjustable rate for the remaining 20 years, at then current market rates plus the margin.

Derivitives: 10/6 ARM - 6 month adjustable after the initial 10 years

This loan program is also available in an Interest Only payment option. Call your Loan Officer today for details and rates!

If your Loan amount is over $650,000.00 call your Loan Officer for rates.

The 5/25 Balloon has a fixed interest rate for the first five years.  The monthly principal payment and interest will remain the constant durning those five years, then the entire remaining balance is due.  Some Balloon loans do have a conversion option available at the end of the fifth year, please contact your Loan Officer for more information.

The 7/23 Balloon has a fixed interest rate for the first seven years.  The monthly principal payment and interest will remain the constant durning those seven years, then the entire remaining balance is due.  Some Balloon loans do have a conversion option available at the end of the seventh year, please contact your Loan Officer for more information.

A Home Equity Line of Credit (HELOC) is a type of adjustable rate loan that is based on Prime (currently at 8.25%) plus a margin established by the lender.  The HELOC offers interest only payments during the 'Draw' period, usually five years plus the option of a renewal five years.  At the end of the 'Draw' period the line is closed and principal and interest payments are required for the repayment term, generally ten or fifteen years depending on the lender.  The HELOC allows you to qualify for a maximum loan amount and 'Draw' money out as you need during the 'Draw' period.  You make interest only payments only on the portion of the loan you have drawn.  Margins on HELOC's are based on your credit score and the Combined-Loan-to-Value, call your Loan Officer to see what rate you can qualify for today.

The fixed rate second mortgage is available in 10 year, 15 year, 20, year or 30/15 year Balloon terms.  Ask your Loan Officer for rates.

This unique loan program allows you to take out a second mortgage for up to 125% (loan -to- value) of the value of your home.  This loan can be used for debt consolidation, remodeling or whatever else you might want. Call our office for rates.

For the utmost in flexibility, Integra Pacific Mortgage offers a variety of Option ARM programs. The option arm is very different from a fixed rate mortgage. With a fixed rate mortgage you make payments that include principle and interest resulting in a declining principle balance. The option ARM is a monthly adjustable rate mortgage; meaning the interest rate may change each month up or down. It is important to note that the minimum monthly payment, in most cases, only changes once a year. If the interest rate increases to a point where the minimum required payment does not equal the amount of interest earned, you will have an increasing principle balance. This means your equity decreases due to negative amortization. You will have four payment options: 1. minimum payment  2. interest only payment  3. amortized payment (typically based on scheduled 30 year payments)  4. 15 year fully amortized payment. Making your payment on options 2, 3, or 4 will avoid negative amortization. Should negative amortization exceed a certain threshold, (typically 115% of original loan balance) you will be required to make fully amortizing payments, resulting in dramatically higher monthly payments.

A reverse mortgage is a loan allows homeowners age 62 and older to convert home equity to cash.

FHA loans have a constant interest rate, monthly principal and interest payments for the life of the loan. The down payment can be as low as 3%.

Other FHA options are available. Please contact your loan officer for more details.

Any Veteran may qualify for this loan program. This program will have a constant interest rate. The monthly principal and interest payments will remain the same for the life of the loan.

Other VA loan programs are available, please contact your loan officer for more details.