| Programs | Option 1 | ||
| RATE | APR | POINTS | |
| 3 Year Balloon | 8.90 | 9.89 | 4 |
| Rates are subject to
borrower qualification and are also subject to change.
APR is based on a $100,000 Mortgage Equity Lending is based on 65% Loan to Value, and no credit checks nor income verifications. The profile for this type of borrower is someone recently out of bankruptcy, avoiding bankruptcy, or avoiding foreclosure. This type of mortgage is for the borrower with extreme circumstances who needs to borrow against a properties equity for the purpose of paying off debt. Approval strictly hinges on the loan to value of the property and clear title. |
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