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Generally a higher interest rate Line of credit This type of loan revolves around credit secured against a residential property, allowing access to funds when needed. Account Manager, Managed Care - Telecommute link via oodle. It is, consequently, extremely important at the loan origination stage to think through, in advance, the needs of the property over the life of the loan and what features and flexibility should be specifically spelled out in the loan documents at origination.
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What if my ARM rates are lower than the current rates for a fixed-rate mortgage. They won't wait 2-3 weeks for the IRS to send them a refund check. Where is the risk if the government steps in and bails out these corporations.
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As far as rates go the rate you have quoted looks okay.