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First Time Homebuyer's
Selecting a 10/1/30 adjustable rate mortgage, lowers your monthly payment and increases your purchasing power when compared to that of a 30 year fixed rate mortgage.
Consumer benefits
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Easier to qualify for a mortgage as well as a larger loan amount.
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Purchase money mortgages up to a 97% loan to value.
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Mortgage insurance may be waived or reduced.

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