Monday, December 10, 2012 - Article by: Rich Alino - Harbour Equity Partners -
For loan sizes over 2 million, we offer the traditional 30 year fixed or five or seven year fixed, but another option that has had savvy borrowers interested is the interest rate swap. The rate swap is an over-the-counter derivatives that is a hedge against an index, for interest rates the index would be the LIBOR. So as a borrower would assume the new loan or liability that is floating against the index, we now have the ability to lock in the smaller loan amounts using the interest rate swap. Details on the super jumbo loan programs, private banking programs, and interest rate swaps can be found on our website. Www.superjumboloans.info, also at our company YouTube channel for Harbour equity partners @ Harbourequity.
Inquiries are welcome to call or e-mail through the website, with any questions on our products.
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