Creative Mortgage Lending offers new ARM optionsMortgagePress.comHybrid option ARMs
Creative Mortgage Lending has introduced its Hybrid Pay Option
Adjustable Rate Mortgage (ARM). The Hybrid Pay Option ARM offered
to brokers gives borrowers the choice of one of four options for
payment—30-year amortization, 15-year amortization,
interest-only payments or deferred interest.
Southfield, Mich.-based Creative Mortgage Lending is a wholesale
lender specializing in alt-A and non-prime lending. For more
information, visit www.cmldirect.com.