Click Here to Download an application for a Home Equity Line of Credit
Click here to Review the High Risk Industies we Underwrite and Approve
Download the application (above), print it, complete it, bring it to the
bank along with any other items needed (for a list of other items needed, please download and refer to checklist below).
Click Here to Download a Home Equity Line of Credit Checklist
Click Here to Download an application for a Home Equity Loan
Download the application (above), print it, complete it, bring it to the
bank along with any other items needed (for a list of other items needed, please download and refer to checklist below).
Click Here to Download Home Equity Loan Checklist
|
HOME EQUITY LOANS
Rates Effective: November 15, 2006
|
Featured Rate:
6.875%APR
10-yr. Fixed
|
| Type |
Term |
Interest Rate |
APR |
Payment Per $1,000 |
| 5-yr. Fixed |
5-yr. |
6.750% |
6.750% |
$19.68 |
| 10-yr. Fixed |
10-yr. |
6.875% |
6.875% |
$11.55 |
| 15-yr. Fixed |
15-yr. |
7.000% |
7.000% |
$8.99 |
1-4 family owner-occupied property. No closing costs if loan to value (LTV) ratio is 50% or less of assessed value less first mortgage. Appraisal costing between $300 and $500 are required for properties with LTV ratios greater than 50% of assessed value. Maximum 80% LTV. Minimum loan amount is $15,000.00.
|
HOME EQUITY LINE OF CREDIT
Rates Effective: November 15, 2006
|
Featured Rate:
8.00%APR
HELOC
|
| Type |
Term |
Interest Rate |
APR |
Payment Per $1,000 |
| Home Equity Line of Credit |
15 |
8.00% |
8.00% |
$6.67 interest only |
8.00% APR VARIABLE MONTHLY Annual Percentage Rate - as of 1st of month 8.00% APR-(WALL STREET JOURNAL PRIME:8.25% LESS 1/4%) FOR LIFE OF LOAN 1-4 FAMILY OWNER OCCUPIED - NO CLOSING COSTS - Maximum APR of 18% - CALL FOR INVESTMENT PROPERTY RATES, TERMS AND COSTS.
Not to exceed 75% LTV including 1st Mortgage-10 Year Draw-5 Year Payback Period-Property insurance may be required. Minimum loan amount $25,000-Maximum loan amount $250,000.
