Loan Programs
The following is a partial list of programs offered by Custom Mortgage with a brief description of the key elements of each. For a complete list of the programs that we offer, please contact us at 208-377-9566.
| LOAN PROGRAM TYPES |
LOAN PROGRAM DEFINITIONS |
MAXIMUM LOAN AMOUNTS |
| 30, 20 and 15 Year Conforming Fixed Rate |
Fixed For 30, 20 or 15 Years For Life Of Loan |
Contact our office |
| 7-23 and 5-25 Conforming Extendable Balloon |
Fixed For 7 or 5 Years; Then Option To Refinance For Remaining 23
or 25 Years |
Contact our office
|
| 10/1, 7/1, 5/1 and 3/1 Conforming ARM |
Fixed For 10, 7, 5 or 3 Years; Then Converts To 1 Year Treasury
Bill ARM |
Contact our office
|
| 1 Year Conforming Treasury Bill ARM |
Fixed For 1 Year; Then Adjusts Annually |
Contact our office |
| 6 Montd Conforming LIBOR ARM |
Fixed For 6 Montds; Then Adjusts Every 6 Montds |
Contact our office |
| 30 and 15 Year Jumbo Fixed Rate |
Fixed For 30 or 15 Years For Life Of Loan |
Contact our office |
| 10/1, 7/1, 5/1 and 3/1 Jumbo ARM |
Fixed For 10, 7, 5 or 3 Years; Then Converts To 1 Year Treasury
Bill ARM |
Contact our office |
| 1 Year Jumbo Treasury Bill ARM |
Fixed For 1 Year; Then Adjusts Annually |
Contact our office |
|