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Home Equity Loan
$150,000 Mortgage for under $720/Month!
The $706.25 monthly payment is an interest-only payment for two years, based on a $150,000 loan amount with a buy-down at the cost of 1 point and a 24-month prepayment penalty for a 30-year, two-year Adjustable Rate Mortgage at 5.65% and 6.14% Annual Percentage Rate. Following the two-year fixed-rate period, the rate will adjust annually. The principal and interest payment after the initial 2-year interest only period is $889.85. To qualify for this monthly payment, borrower must have a FICO score of 650 or greater and the loan-to-value ratio must not exceed 80%. Rate is variable and subject to change daily without notice.
$30,000 Home Loan for under $185/Month!
The payment for the first monthly billing period, the minimum monthly payment is $184.38 and is an interest-only payment that changes based on the outstanding balance and variable rate for the remainder of the 5 or 10 year draw period. After the draw period, the remaining balance converts to a principal and variable interest payment which is paid off over 15 years. The terms above assume a combined loan-to-value ratio of 70% or less, and are available on single-family owner-occupied homes only. The variable interest payment is based on the Prime Rate as published in the wall street journal, plus a margin. The amount of the margin rages from 0 to 6.50%. Maximum possible Annual Percentage Rate is 18%. Rate is variable and subject to change daily without notice.
$160,000 Mortgage for under $785/Month!
The $753.33 monthly payment is an interest-only payment for two years, based on a $150,000 loan amount with a buy-down at the cost of 1 pint and a 24-month prepayment penalty for a 30-year, two-year Adjustable Rate Mortgage at 5.65% and 6.14% Annual Percentage Rate. Following the two-year fixed-rate period, the rate will adjust annually. The principal and interest payment after the initial 2-year interest only period is $923.58. To qualify for this monthly payment, borrower must have a FICO score of 650 or greater and the loan-to value ratio must not exceed 80%. Rate is variable and subject to change daily without notice.
$175,000 Mortgage for under $860/ Month!
The $823.96 monthly payment is an interest-only payment for two years, based on a $150,000 loan amount with a buy-down at the cost of 1point and a 24-month prepayment penalty for a 30-year, two-year Adjustable Rate Mortgage at 5.65% and 6.14% Annual Percentage Rate. Following the two-year fixed-rate period, the rate will adjust annually. The principal and interest payment after the initial 2-year interest only period is $1.010. 16. To qualify for this monthly payment, borrower must have a FICO score of 650 or greater and the loan-to-value ratio must not exceed 80%. Rate is variable and subject to change daily without notice.
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