Home loans for only 5% down and no mortgage insurance? Yes please!
If you’re looking for a lower interest rate option in a rising rate economy while also retaining the flexibility of a 15-year fixed interest rate period, look no further than the non-conforming 15/15 CMT ARM Loan from Southern Trust Mortgage!
Key Features of 15/15 ARM Loans
No Mortgage Insurance Required
No required reserves
Benefits of our 15/15 ARM Loan
- Minimum loan amount of $50,000
- Maximum loan amount of $729,950
- Primary Residence Only
- Purchase, Rate-Term Refinance and Cash-Out Refinance available
- Maximum LTV 95% (without secondary financing)
- 1 Unit Only
- 720 Credit Score
- Max DTI Ratio 43%
- No required reserves
- No Mortgage Insurance
- Low down payment requirement of only 5%!
Why trust Southern Trust with your home financing?
Founded in 1998, Southern Trust Mortgage is a full-service mortgage lender. We offer diverse mortgage products designed to meet any home financing need. Our continued success is a result of the outstanding customer service we offer our clients and business partners. All of our loans are expedited through local processing, underwriting, and closing agents. Our industry-leading service truly sets Southern Trust Mortgage apart.
In business since 1998
Very competitive interest rates
Over 65,000 loans closed
In-house underwriting, processing and funding
Licensed and experienced mortgage loan officers.
