Swap Parameters

Swap Parameters
Notional Principal Interest rate derivatives (swaps, caps, floors, swaptions, etc.) can be entered into for a notional amount as low as $500,000
   
Term Fixed Rates up to 15 years or longer if required
   
Amortization

Accommodates all structures

  • Mortgage
  • Level Principal
  • Irregular
   
Forward Start Date Rates can be locked in prior to closing at bankers discretion. Borrower is responsible for any hedging costs incurred if the loan is not funded.
   
Payment Dates Payment dates can be set on any date. (Swap must match the loan.)
   
Interest Rate Indices Libor, H.15 Prime, Tax-exempt & Taxable 7-day, low-floater bond rates (BMA, LIBOR)
 
Learn More about Derivative Solutions for Financial Institutions