Apex Residential Mortgage, L.L.C.
Loan Options
  • Fixed Rate Loans—An excellent way to lock into a low interest rate for the life of your loan.

  • Adjustable Rate Mortgages (ARMs)—The flexible loan, with lower initial rates and payments.

  • Initial Fixed Rate Loan—Start with a rate generally lower than standard fixed rate loans.
30 Year Fixed Rate
Appropriate for borrowers who: Loan Parameters
•  Plan to live in the property over 10 years
•  Like total payment stability
•  Interest rate & monthly payment remain the same for 30 years


15 Year Fixed Rate
Appropriate for borrowers who: Loan Parameters
•  Plan on staying in property over 10-15 years
•  Want to pay off property faster than 30 years
•  Lower interest rate than 30 year loan
•  Interest rate & monthly payment remain the same for 15 years


10/1 Year semi-fixed
Appropriate for borrowers who: Loan Parameters
•  Plan to live in property approximately 10 to 12 years
•  Like initial payment stability; can accept interest rate change later
•  Interest rate & monthly payment fixed for the first 10 years
•  Starting the 11th year, interest rate adjusted every year, therefore, payment is subject to change every year for remainder of loan


7/23 (2-Step) or '30/7 + 23'
Appropriate for borrowers who: Loan Parameters
•  Plan to live in property approximately 7 to 8 years
•  Can handle one payment adjustment
•  Interest rate & monthly payment fixed for the first 7 years
•  Conversion option: On the 8th year, interest rate adjusted to reflect prevailing fixed interest rates. Resulting payment will remain the same for remainder of loan


7/1 Year semi-fixed rate
Appropriate for borrowers who: Loan Parameters
•  Plan to live in property approximately 7 to 8 years
•  Like initial payment stabilityand can handle change later
•  Interest rate & monthly payment fixed for the first 7 years
•  Starting the 8th year, interest rate adjusted every year, so payment is subject to change every year for remainder of the loan


5/25 (2-Step) or '30/5 + 25'
Appropriate for borrowers who: Loan Parameters
•  Plan to live in property approximately 5 to 6 years
•  Can handle one payment adjustment
•  Interest rate & monthly payment remain fixed for the first 5 years
•  Conversion option: On the 6th year, interest rate adjusted to reflect prevailing fixed interest rates. Resulting payment will remain the same for remainder of loan


5/5 & 5/1 Year semi-fixed rate
Appropriate for borrowers who: Loan Parameters
•  Plan to live in property approximately 5 to 6 years
•  Like initial payment stability, can accept later changes
•  Interest rate & monthly payment remain fixed for the first 5 years
•  Starting the 6th year, interest rate adjusted every 5 years(for 5/5 ARM) and every year (for 5/1 ARM)


3/3 & 3/1 Year semi-fixed
Appropriate for borrowers who: Loan Parameters
•  Plan to live in property 3 years or less
•  Like initial payment stability, can accept later changes
•  Interest rate & monthly payment remain fixed for the first 3 years
•  Starting 4th year, interest rate adjusted every 3 years (for 3/3 ARM) and every year (for 3/1 ARM)


Adjustable rate loans
Appropriate for borrowers who: Loan Parameters
•  Want to take advantage of lowest rate possible
•  Are willing to accept yearly payment changes OR
•  Cannot qualify at higher rate programs
•  Interest rate adjusted every year, so monthly payment is subject to change every year for entire 30 year loan term
•  Potential higher payments (at maximum interest rate)
PRIVACY  |  LEGAL  |  PATRIOT ACT  |  LINKS

Apex Residential Mortgage, L.L.C.
16000 Mill Creek Blvd. Ste 211
Mill Creek, WA 98012
Phone (425) 379-2739
Fax (425) 949-4038

State Licensing Information
Equal Housing Opportunity
All content ©1999-2008 MorSystems™ All rights reserved.
Account login
Apex Residential Mortgage, L.L.C. - Site Map

Mortgage and lending information for purchase and home buying loans.
Mortgage and lending information for refinance loans.
Mortgage, lending, and credit information.
Financial, mortgage and lending calculators.
Check for up to date rates and loan programs.
Mill Creek mortgage, Seattle mortgage, Lynnwood mortgage, Bothell mortgage, Stanwood, Edmonds, Snohomish, Arlington, Everett, Tacoma, Puyallup, Algona, Anacortes, Auburn, Bainbridge Island, Battle Ground, Bellingham, Black Diamond, Olympia, Mount Vernon, Bremerton, Buckley, Burien, Camas, Bellevue, Kirkland, Renton, Seatac, Carnation, Brier, Chehalis, Burlington, Mountlake Terrace, Lake Forest Park, Chelan, Winthrop, Yakima, Spokane, Cashmere, Wenatchee, Cheney, Bonney Lake, Blaine, Cle Elum, Ellensburg, Colville, Clyde Hill, Medina, Coulee City, Covington, Darrington, Coulee Dam, Des Moines, Duvall, Dupont, Elma, Edgewood, Enumclaw, Everson, Ferndale, Farmington, Eniat, Ephrata, Tri Cities, Grandview, Granite Falls, Hoquiam, Index, Issaquah, Kenmore, Kennewick, Hunts Point, Ilwaco, Kittitas, Kent, La Conner, Lake Stevens, Langley, Lakewood, Leavenworth, Long Beach, Lynden, Maltby, Mansfield, Maple Valley, Monroe, Mukilteo, Moxee, Naches, Montesano, Moses Lake, Mossyrock, Mercer Island, New Castle, North Bend, Ocean Shores, Okanogan, Orting, Othello, Palouse, Pasco, Omak, Pacific, Port Angeles, Port Orchard, Port Townsend, Prosser, Poulsbo, Pullman, Quincy, Rainer, Raymond, Redmond, Roslyn, Shelton, Sammamish, Roy, Skykomish, Snoqualmie, Soap Lake, Sedro-Woolley, Sultan, Sumas, Sunnyside, Sumner, Steilacoom, Toppenish, Tukwilla, Tumwater, Twisp, Union Gap, University Place, Vancouver, Wapato, Washougal, Waverly, Woodinville, Zillah, Yelm, Yarrow Point, Woodway
96 | 1

Mortgage web site design powered by MorSystems. Get your own mortgage website at MorSystems.com. Free trials for all mortgage websites.




View My Stats