by Brenda Bryan on May 6th, 2005

Brenda Bryan

Question

Help answer this question below.

Is there such thing as a 4 payment option loan with a minimum start rate of 1.95% (fixed for 12 months) that has a 7.5% annual cap for the first payment option that does NOT accrue negative AM?

Answers. 1 helpful answer below.

  • by Sluangrath on June 22nd, 2005

    Sluangrath

    Yes. Using a World Savings Option ARM with Equity Builder basically meets your requirements. Feel free to contact me with any questions.

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