| Loan to Value less than 70% |
up to 5 years |
5.50% - 14.50% |
| 5 - 10 years |
6.00% - 15.00% |
| 11 - 15 years |
6.50% - 15.50% |
| Loan to Value between 71% — 85% |
up to 5 years |
6.00% - 15.00% |
| 5 - 10 years |
6.50% - 15.50% |
| 11 - 15 years |
7.00% - 16.00% |
| Loan to Value between 86% — 95% |
up to 5 years |
7.50% - 16.50% |
| 5 - 10 years |
8.00% - 17.00% |
| 11 - 15 years |
8.50% - 17.50% |
The Annual Percentage Rate you receive is determined by your credit history. Please ask a loan representative about your qualifying rate.
You will find that the loan process is very precise and comprehensive. Please include the following information when you return your completed application, so that we may process your application quickly:
- copy of your county or city assessment
- copy of your mortgage statement balance (year end or current)
- copy of your deed and SCHEDULE “A” (property description)
- copy of Mortgage Title Insurance Policy
- copy of your latest homeowners insurance policy
- verification of income:
a. copy of pay stub covering last 30 days
b. copy of guarantor’s pay stub covering last 30 days
c. if you are self-employed, signed copies of last 2 year’s tax returns
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