|
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 |
|
30 Year Fixed (No Pre-Payment Penalty)
|
|
|
|
|
|
|
|
| 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% |
| |
|
|
|
|
Income Properties (Fix and Flip Loans)
|
|
|
|
|
|
|
|
| 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% |
| |
|
|
|
|
Vacant Land Loans (Raw Land, Subdivided, Etc.)
|
|
|
|
| Normally 50% LTV of Current Market Value |
18.00% |
5.00 |
19.04% |
| |
|
|
|
|
2nd Mortgage Loans (Must provide proof of income)
|
|
|
|
| Up To 75% LTV |
18.00% |
5.00 |
19.04% |
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
The Rates and Fees quoted assume a $100,000 mortgage amount, with closing costs of 5 points. Points quoted includes all fees to lender and broker (no processing, underwriting or other fees). The Rates and Fees are good as of 04/01/08, and can change at any time.
|
