I&O Associates Mortgage Corp.
......better than a bank, we try harder to close every loan...... 

 
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Products

I&O Associates Mortgage Corp. offers a variety of loan programs to meet your needs. We work with the leading wholesale lenders in the industry to provide loan programs listed below.

Additional loan programs not listed here are available by calling our office.

Slightly higher rates for loan amounts exceeding $417,000.

 
30 year Fixed
15 year Fixed
3/1 Libor ARM
5/1 Libor ARM
7/1 Libor ARM

30 year Fixed

The same rates available for 25 year Fixed and 20 year Fixed

Term: 30 years   Maximum Amount: $417,000
RatesAPRPoints
3.75%4.174%2%
3.875%4.214%1%
4%4.254%0%

15 year Fixed

The same rates available for 10 year Fixed

Term: 15 years   Maximum Amount: $417,000
RatesAPRPoints
3.25%3.922%1.5%
3.375%3.972%1%
3.625%4.073%0%

3/1 Libor ARM
Term: 30 years   Maximum Amount: $417,000
RatesAPRPoints
3%3.853%2%
3.625%3.913%1%

5/1 Libor ARM
Term: 30 years   Maximum Amount: $417,000
RatesAPRPoints
2.875%3.733%2%
3.375%3.829%1%
3.75%3.945%0.75%

7/1 Libor ARM
Term: 30 years   Maximum Amount: $417,000
RatesAPRPoints
3.125%3.772%2%
3.625%3.927%1%
4.125%4.128%0.5%



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 $12,510. 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.