5.75%; 5-Years Fixed; 75% LTV:

For a limited time only, Polam is offering 5.75% on New Purchase Home Loans with a fixed rate for 5-years.  For full details please contact us during normal business hours at (650) 367-8940 in California and (860) 223-0200 in Connecticut.  

When shopping for the best loan, don’t forget that the lowest rate is not always the most important aspect of a loan.  You need to consider all the other fees and points that are charged to you at time of closing, and most importantly watch out for lenders that charge a pre-payment penalty.   Also look out for teaser rates or negative amortization loans. 

These loans look like a great deal but in reality wind up to be extremely costly in the end.   With the new disclosure requirement for 2010 lenders will have to fully disclose all costs in more detail then ever before and we are extremely happy with this new requirement since it will provide you the borrower with more information about the true cost of a loan.   We are confident that when you compare us to other lenders you will find we are still one of the best options for borrowing.