Mortgage Network







Wesley F. Sellew
Mortgage Network, Inc.
321 Wingo Way, Suite A
Mount Pleasant, SC 29464

(843) 388-1772
(877) 289-MNET toll free
(843) 388-1774 fax


Copyright 2005 Wesley Sellew

Fixed Rate Mortgages | U.S. Treasury ARMS | LIBOR ARMS
LIBOR (London Interbank Offered Rate) ARMS Available

The following are available for both Conforming and Jumbo Loans. The maximum conforming loan amount is $359,650. Super JUMBO loan amounts are available up to $6,000,000.

* Denotes available with interest only payments

  • Interest Only 1 month LIBOR ARM
    • Tied to the 1 month LIBOR Index
    • Available with margins from 1.25 to 2.25
  • Interest Only 6 month LIBOR ARM
    • Tied to the 6 month LIBOR Index
    • Available with margins from 1.375 to 2.375
  • *10/6 ARM
    • Tied to the 6 month LIBOR Index
    • Margin of 2.25
    • Caps 6/2/6
  • *7/6 ARM
    • Tied to the 6 month LIBOR Index
    • Margin of 2.25
    • Caps 6/2/6
  • *5/6 ARM
    • Tied to the 6 month LIBOR Index
    • Margin of 2.25
    • Caps 6/2/6
  • *3/6 ARM
    • Tied to the 6 month LIBOR Index
    • Margin of 2.25
    • Caps 6/2/6
  • *10/1 ARM
    • Tied to the 1 year LIBOR Index
    • Margin of 2.25
    • Caps 5/2/5
  • *7/1 ARM
    • Tied to the 1 year LIBOR Index
    • Margin of 2.25
    • Caps 5/2/5
  • *5/1 ARM
    • Tied to the 1 year LIBOR Index
    • Margin of 2.25
    • Caps 5/2/5
  • *3/1 ARM
    • Tied to the 1 year LIBOR Index
    • Margin of 2.25
    • Caps 2/2/6

No Ratio/No Income/No Doc Loans
Available with all fixed rate mortgages and LIBOR ARMs.
Certain restrictions apply, call for a quote.

100% Financing
Available with all fixed rate & ARM programs as straight 100% loans with PMI or as 80/20 combos. Certain restrictions apply, call for a quote.

First Time Homebuyer Programs
Available with fixed rate, ARMS and Interest only ARM’s. Certain restrictions apply. Call for a quote.

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