NovaStar introduces five-year hybrid option ARMMortgagePress.comFive-year hybrid option adjustable-rate mortgage
NovaStar Mortgage Inc. has announced the introduction of a
five-year hybrid option ARM for its alt-A customers. The product
offers homeowners a fixed interest rate for five years, with a
choice of up to four payment options each month.
Kansas City, Mo.-based NovaStar Mortgage Inc. is the loan
origination unit of real estate investment trust NovaStar Financial
Inc. For more information, call (888) 499-5363 or visit www.novastarmortgage.com.