Loan Assumptions and Disclosures
NMLS ID #2240
6000 Lombardo Center, Suite 500
Seven Hills, OH 44131
800-531-3837
mortgage.sirva.com
NMLS ID: 2240
Important Mortgage Information
Interest rates and Annual Percentage Rates (APRs) are based on current market conditions and are provided for informational purposes only. They are subject to change without notice and may vary depending on factors such as property type, loan amount, loan-to-value ratio, credit score, cash-out refinancing, and other variables. For specific details, please contact Sirva Mortgage.
This is not a credit decision or a commitment to lend. Mortgage insurance may be required based on loan guidelines, which could increase both the APR and monthly payment.
Additional loan programs may be available.
Understanding APR
APR represents the annual cost of your loan, including interest, most closing costs, discount points, and loan origination fees. One point equals 1% of the loan amount (e.g., $1,000 on a $100,000 loan). APR is calculated based on the interest rate on your note, not the APR itself.
Adjustable-Rate Mortgages (ARMs)
ARM rates assume no increase in the financial index after the initial fixed period. Rates and monthly payments may rise after this period. ARMs are based on a 30-year term.
Loan Disclosure
Loan Details for 5-Year ARM
Apply Now| Months | Estimated Rate | Estimated Payment |
|---|---|---|
| 60 | 5.625% | $2,302.63 |
| 61 - 72 | $1,712 min - $3,011 max | |
| 73 - 84 | $1,712 min - $3,513 max | |
| 85 - 360 | $1,712 min - $3,513 max |
| Months | 60 |
|---|---|
| Estimated Rate | 5.625% |
| Estimated Payment | $2,302.63 |
| Months | 61 - 72 |
| Estimated Rate | |
| Estimated Payment | $1,712 min - $3,011 max |
| Months | 73 - 84 |
| Estimated Rate | |
| Estimated Payment | $1,712 min - $3,513 max |
| Months | 85 - 360 |
| Estimated Rate | |
| Estimated Payment | $1,712 min - $3,513 max |
Last Updated Sep 17, 2025
Adjustable-Rate details
| Margin | 2.250% |
| Rate adjustment Frequency | 1 year |
| First adjusted interest rate cap | 2.000% |
| Subsequent adjusted interest rate cap | 2.000% |
| Limited rate cap | 5.000% |
Maximum rate and payment adjustments
After the initial fixed-rate period based on the initial interest rate and interest caps disclosed above. The maximum lifetime rate will never be more than 12.125% with an estimated maximum monthly payment of $3,989.
Your results are based the purchase of a home in ZIP code 44131 with an estimated purchase price of $534,000 and an estimated down payment of $134,000.00.
Loan Details for 10-Year ARM
Apply Now| Months | Estimated Rate | Estimated Payment |
|---|---|---|
| 120 | 5.875% | $2,366.15 |
| 121 - 132 | $1,809 min - $3,415 max | |
| 133 - 144 | $1,809 min - $3,415 max | |
| 145 - 360 | $1,809 min - $3,415 max |
| Months | 120 |
|---|---|
| Estimated Rate | 5.875% |
| Estimated Payment | $2,366.15 |
| Months | 121 - 132 |
| Estimated Rate | |
| Estimated Payment | $1,809 min - $3,415 max |
| Months | 133 - 144 |
| Estimated Rate | |
| Estimated Payment | $1,809 min - $3,415 max |
| Months | 145 - 360 |
| Estimated Rate | |
| Estimated Payment | $1,809 min - $3,415 max |
Last Updated Sep 17, 2025
Adjustable-Rate details
| Margin | 2.250% |
| Rate adjustment Frequency | 1 year |
| First adjusted interest rate cap | 2.000% |
| Subsequent adjusted interest rate cap | 2.000% |
| Limited rate cap | 5.000% |
Maximum rate and payment adjustments
After the initial fixed-rate period based on the initial interest rate and interest caps disclosed above. The maximum lifetime rate will never be more than 12.375% with an estimated maximum monthly payment of $3,881.
Your results are based on the purchase of a home in ZIP code 44131 with an estimated purchase price of $534,000.00 and an estimated down payment of $134,000.00.
