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Rates Page
Foreclosure, Bankruptcy, Poor Credit, No Credit = OK!! We look to the Equity
within the home for our loan decisions.
| Type |
Rate |
Points |
APR |
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30 Year Fixed (No Pre-Payment Penalty)
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| 75% LTV, Homes 20 Years Old and Newer |
11.25% |
5.00 |
12.26% |
| 70% LTV, Homes Older Than 20 Years |
11.50% |
5.00 |
12.52% |
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Income Properties (Fix and Flip Loans)
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| 75% LTV, Homes 20 Years Old and Newer |
14.00% |
5.00 |
14.84% |
| 70% LTV, Homes Older Than 20 Years |
14.00% |
5.00 |
14.84% |
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Vacant Land Loans (Raw Land, Subdivided, Etc.)
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| Normally 50% LTV of Current Market Value |
18.00% |
5.00 |
19.04% |
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2nd Mortgage Loans (Must provide proof of income)
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| Up To 75% LTV |
18.00% |
5.00 |
19.04% |
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The Rates and Fees quoted assume a $100,000 mortgage amount, with closing costs of 5 points, on consumer owner occupied loans. Points quoted includes all fees to lender and broker (no processing, underwriting or other fees). Fees for income properties, fix and flip properties, and vacant land may vary. The Rates and Fees are good as of 06-15-09, and can change at any time.
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