3 Top Programs to Consider when Getting a Mortgage…

Many of my clients have been asking why we are recommending hybrids (5/1, 7/1 and 10/1) over fixed rate mortgages (30 year & 15 year fixed loans).

We don’t recommend locking into long term fixed loans when rates are high.  Instead we recommend locking into shorter term fixed loans that still provide stable payments, but allow enough time for the next refi boom to occur when rates go lower. The technical name for this period is the recessionary period which seems to occur every 10 to 12 years (but only 5 to 6 years from now).  This is when interest rates are the lowest and the right time to lock in the a long term fixed rate or based on how long you intend to keep the property.  For more info, go to:

https://101loan.com/wp-content/uploads/2019/12/home_financing_secure_2020.pdf   (Page 10)

If you like to review your options, please contact us at:

Rob McCarthy

Senior Mortgage Advisor



408-377-4123 o  650-465-8957 c

101 Loan – 14435 C Big Basin Way, Saratoga, CA 95070

101 Loan LLC – CA DRE #01165697  NMLS #121019


  1. Residential Financing for Purchases and Refinances on 1 to 4 unit properties.
  2. Reverse Mortgage Financing to include Conforming and Jumbo.
  3. Commercial & SBA Financing to include Multifamily, Office, Retail and Light Industrial.
  4. Most 1st Time Buyer Programs including FHA, VA and USDA programs.