CKC Financial, Inc, dba True Point Lending, NMLS 1881370, is licensed by the CA Department of Real Estate #02094603. This offer is for home purchases only in CA. Interest rate is based on an 80% loan to value, minimum credit score of 720, subject to credit approval. Not all applicants will be approved. If these factors are not met, you may still qualify for a loan but higher interest rates and closing costs may apply. Rates are subject to change without notice. You can lock in the above-mentioned interest rate with a completed loan application, applicable income, assets, credit report and fully executed purchase contract from buyer and seller. We are an equal housing mortgage company.

The 10/6 ARM is a 30 year Adjustable Rate Mortgage with interest rate, monthly payment fixed for 10 years (120 months). The rate and payments are subject to increase every 6 months after initial 10 year period. After the first 10 years, the life time cap is 6% over the start rate with initial rate cap of 2% over the start rate and subsequent caps of 1% over the start rate every 6 months. Interest rate and monthly payments after initial 10 year period is based on a margin of 2.75% + the current Secured Overnight Financing Rate SOFR index.