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Developer's Mortgage Company offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
 
30 Yr Fixed
5/1 ARM

30 Yr Fixed

30 year fixed rate loan.

Term: 30 years   Maximum Amount: $417,000

5/1 ARM

5 year adjustable rate mortgage

Term: 30 years   Maximum Amount: $417,000
RatesPointsAPR
5.875%0.5%5.087%
6.125%0%5.139%
 

Fixed for the first 5 years, then adjust annually thereafter.




Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.