Thinking about refinancing our just need some extra CASH?
Take a look at our Mortgage Programs
Ø LINE-OF-CREDIT ** (Primary Residence Only*)
Minimum Amount $10,000.00
95% LTV Maximum Amount $225,000.00
Rate As Low AS Less than 80% L/V Prime -.50
More than 80% L/V Prime -.25
Term 10 Year Draw
Ø MINI MORTGAGE FIXED
95% LTV Maximum Amount $50,000.00
Term/Rate As Low As 9 Years 7.25%
Ø SECOND MORTGAGE FIXED - (Primary Residence Only*)
Minimum Amount $50,001.00
95% LTV Maximum Amount $225,000.00
Term/Rate As Low As 7-9 Yr. 7.75 % - 10-15 Yr. 8.00 %
Ø “We’re In First” Second Mortgage” (When used to pay off first.)
95% LTV* Maximum Amount $225,000.00
Term/Rate As Low As 7-9 Yr. 6.70 % - 10-15 Yr. 6.95%
Ø MINI MORTGAGE ADJUSTABLE
95% LTV Maximum Amount $50,000.00
Floor Rate 6.50 % with a 1% cap per year
6% Cap over the life of the loan
Terms 12 Years
Ø SECOND MORTGAGE ADJUSTABLE - (Primary Residence Only*)
Minimum Amount $50,001.00
95% LTV Maximum Amount $225,000.00
Floor Rate 6.50 % with a 1% cap per year
8% Cap over the life of the loan
Terms 15 Years
APPLY ON LINE
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.25 % DISCOUNT IF LOAN TO VALUE IS LESS THAN 80%
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.25% RATE DISCOUNT FOR PAYROLL DEDUCTION
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BEACON SCORE DETERMINES RATE FACTOR IN PLACE AT TIME OF LOAN
* Rental and Secondary property maximum is 90% LT
** Rate based on Prime +/-. No other discounts apply!
$150.00 APPLICATION FEE - NO CLOSING COST - BY APPOINTMENT ONLY
ALL LOANS ARE GRANTED ON THE ABILITY TO REPAY.
LOAN RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE.