Hybrid Mortgages - Hybrid Mortgages California - California Hybrid Mortgages - Hybrid Refinance Mortgages from California Refinance Mortgages.com
California Refinance Mortgages .com

Hybrid Mortgages

Hybrid mortgages are a fairly new type of California mortgage loan. Hybrid mortgages are simply adjustable rate mortgages with an initial fixed rate period. The most common fixed term of the hybrid loan is fixed for 2, 3, 5, 7 and 10 years. After the initial fixed period the hybrid mortgage will become an adjustable rate mortgage that adjust either monthly, every six months or once yearly.

Hybrid mortgages with mortgage loan amounts under $333,700 (also called a conventional mortgage) are available under Fannie Mae and Freddie Mac mortgage guidelines. Mortgage loan amounts over $333,700 are considered hybrid jumbo loans and will have a slightly higher mortgage rate than the mortgages with loan amounts under $333,700.

Hybird Mortgage Loan Terms

Hybrid mortgages are available for mortgage loan need. These types of mortgages would include the following:

2/28 mortgages - fixed for two years than becomes an adjustable rate mortgages
3/27 mortgages - fixed for three years than becomes an adjustable rate mortgage
5/25 mortgages - fixed for five years then converts to an adjustable rate mortgage
7/25 mortgages - fixed for seven years that becomes an adjustable rate mortgage
10/1 mortgages - fixed for ten years then becomes an adjustable rate mortgage

How can We Help You with Your Hybrid Mortgage Refinance Needs?

California Refinance Mortgages can assist you with any type of refinance mortgages:

▲Top of Hybrid Mortgages | ► Apply for Hybrid Mortgage Refinance | ► Call Us: (800) 931-7377

What Do You Want To Do Next ?

► Apply for a Refinance Mortgage
► Get a Mortgage Rate Quote
► Get a Closing Costs Estimate
► Request a Phone Consultation
► Email Your Refinance Question
► Prequalify for Refinance Mortgage
► Get Mortgage Refinance Analysis
► Download Loan Application (PDF)

► Call Us: (800) 931-7377

Email this Site | Bookmark

Risk-Free Refinance Guarantee

100% Satisfaction Guaranteed
If you are not 100% satisfied with your refinance mortgage, you may cancel at anytime up to 3 days after signing your final refinance mortgage loan documents without costs or penalty!

Best Price Mortgage Refinance We will beat any mortgage lenders price or pay you $350. (complete details)

No Up-Front Application Fee
We do not charge any up-front mortgage refinance application fee's.

► Apply for Hybrid Mortgage Refinance

Limited Time Special Offer

3.95% APR* Home Equity Loans Free home equity loans with every mortgage refinance completed with California Refinance Mortgages.com Get complete details of free home equity loan offer.

► Apply for Hybrid Mortgage Refinance

Legal Notice: You may not, under any circumstances, reproduce any information or trade dress of this site without the express prior written consent of California Refinance Mortgages .com.
© 2008. California Refinance Mortgages.com. All Rights Reserved.
California Department of Real Estate Broker:

Best Price Details
A customer must provide a complete, system generated Good Faith Estimate, listing a specific lender's name, that is dated the same day as the rate quoted by us. If such Good Faith Estimate indicates an equivalent or lower interest rate and closing costs package, for the same loan program that is offered by us and we have verified the accuracy of the rate and fees listed then we will have the option of beating that lender's total loan costs by $100 or paying the customer $500 ($750 for properties located in California) when they close with that lender and provide us with a copy of the signed Note and Final HUD-1 Settlement Statement.